Tune into our latest RiskWire Webcast titled, “Automated Valuation Models (AVMs) and Bias.” Join Reena Agrawal, Veros’ Research Economist, in our newest RiskWire webcast episode for an exploration of Automated Valuation Models (AVMs) for property valuation and their potential for unbiased outcomes.
As an Automated Valuation Model (AVM) provider for residential property valuation, Veros Real Estate Solutions (Veros®) would like to thank Brookings for its report, “Governing the Ascendancy of Automated Valuation Models,” published in October 2023, and its contribution to the ongoing discourse in the field of AVMs and their societal impacts.
Tune into our latest RiskWire Webcast titled, “The Housing Market: 1970s vs 2023.” In this episode, they delve into a captivating comparison between the housing markets of the 1970s and 2023. Discover unexpected correlations between inflation rates, mortgage trends, and affordability metrics that debunk the popular comparison between the current housing market and the 2008 downturn.
Tune into our latest RiskWire Webcast titled, “Staying Put is the New Downsizing.” Join Veros’ Eric Fox, Chief Economist and SVP of Analytics, and Reena Agrawal, Research Economist, as they explore the changing landscape of retirement decisions. Baby Boomers are increasingly opting to stay in their current homes rather than downsizing, and episode six examines the reasons behind this new popular trend.
Dive into our RiskWire Webcast by watching the latest episode, “Finding Affordability in the Midwest.” In this episode, you will listen to the dynamic duo of Eric Fox, Chief Economist and SVP of Analytics, and Reena Agrawal, Research Economist, as they discuss the ongoing issue of housing affordability in today’s market and unravel what this means for aspiring homeowners.
Read the latest CBS News Money Watch article titled “When Will Home Prices Go Down? Expert Forecasts Vary,” where Eric Fox, Veros Real Estate Solutions Chief Economist and Senior Vice President of Analytics, shares his latest thoughts on how potential homebuyers can manage the current real estate market’s prices.
Baby boomers’ share of real estate wealth was 43.5% in Q2 2023. The boomers own the largest share of real estate wealth and overtook the Silent generation in 2000 and have maintained their top spot since then. And they are in no hurry to relinquish their top spot, opting to stay in their current homes
Santa Ana, Calif., October 10, 2023 — Valligent, a Veros Software company providing market-leading real estate valuation solutions, has enhanced their traditional appraisal quality control process with BiasCHECKSM, a technology-based risk analysis solution integrated into Valligent’s appraisal review to quickly detect if an appraisal may be at risk for potential valuation bias or quality issues that need deeper analysis.
VeroFORECAST Projects Home Value Appreciation of 2.2% Over the Next 12 Months, Pushing Buyers to Chase Affordability
Veros Real Estate Solutions releases the Q3 2023 VeroFORECAST report which anticipates that home prices are expected to increase on average 2.2% over the next 12 months, compared to last quarter’s forecast of 1.7% increase, indicative of a steady market.
Read the latest CBS News article titled “Should you lock in a mortgage rate before the next Fed meeting? Here’s what experts think,” where Eric Fox, Veros Real Estate Solutions Chief Economist and Senior Vice President of Analytics, addresses the strong possibility of additional interest rate increases and whether homebuyers should consider securing their rates in now.