Automated Valuation Solutions
Automated Valuation Solutions
Automated Valuation Solutions
Leverage this proprietary, on-demand automated valuation model (AVM) offering national coverage, consistent accuracy with the most meaningful confidence scores.
Gain absolute control of your AVM workflow to implement simple, or highly sophisticated cascades, or resell these AVM services to end-users with specific business needs.
Choose this industry-leading residential property valuation tool for fast, accurate, and realistic results, even in rapidly changing markets. It’s your ideal solution for frequent access to current estimates of value across a whole portfolio of properties.
Leverage this index-only based automated valuation solution when you need time-based residential property valuations derived from advanced analysis of local and regional market trends.
Generate, analyze, rank, and report the multiple AVMs required for PACE lending in California.
Dealing with distressed properties? VeroVALUE REO is the must-have tool for shortening REO disposition timelines and optimizing less-than-ideal recoveries. VeroVALUE REO addresses the challenges resulting from distressed assets, increased foreclosure rates, and expanding REO portfolios.
Features
The reasons for the stubbornly low housing supply
The housing market situation is fundamentally different from that during the great recession of 2008. One of the key reasons why house prices have not declined significantly is because of the very low inventory of homes available for sale. There were fewer than one million existing homes available for sale in January 2023 compared to over 3 million in any month during 2007-2008.
Pending home sales display buyers’ response to fluctuating mortgage rates
High home prices coupled with high interest rates made purchasing a house increasingly unaffordable. As a result, demand for home purchases fell. Pending sales across the United States decreased by over 40% from mid-June to the end of 2022.
Mortgage Metrics Today Versus the Great Recession
In this short article, we look at three different consumer mortgage metrics when comparing the economic conditions today to the Great Recession over a decade ago.
