VeroVALUE Preferred
The AVM that favors accuracy over hit rate
VeroVALUE Preferred
The AVM that favors accuracy over hit rate
VeroVALUE Preferred Is Your Ideal AVM for Property Valuation Accuracy
VeroVALUE Preferred balances valuation accuracy and hit rate with a more stringent focus on accuracy.
VeroVALUE Preferred takes VeroVALUE, the premier national AVM one step further, boosting its proprietary optimization techniques, tight valuation controls, and data-rich intelligence about local market activity, with strict standards on market activity, neighborhood analysis, and usable hit rates.
Built on VeroVALUE
Delivering national coverage, consistent accuracy and meaningful confidence scores.
Balanced for Accuracy
Be confident with a stringent focus on AVM accuracy.
Fueled by Market Data
Benefit from local market activity, neighborhood analysis, and usable hit rates.
When accuracy is the priority over hit rates, VeroVALUE Preferred is unmatched. As a result, it is commonly used in the first position in a multiple-AVM cascade.
VeroVALUE Preferred valuation reports include:
- Value estimate
- Value range
- Confidence score
- Available subject property information
- Market data information
- Historic price trends for the subject property’s neighborhood
Additional information such as 12-month valuation forecasting and fraud detection indicators can be added to each VeroVALUE Preferred AVM report.
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Features
Despite rising prices and mortgage rate, why are home prices forecast to rise even higher?
The data suggests that while some first-time homebuyers are getting priced out of the housing market due to affordability, prices are being driven by demand from repeat and all-cash buyers as they compete for a low supply of homes.
Corporate Investor Home Purchases are at the Highest Levels in a Decade
The recent hot housing market has led to a sharp rise in single-family home investor purchases. The large increases experienced in the housing market have made single-family homes a quality investment that can produce yearly returns higher than those seen in the stock market. Investor Purchase Percentage usually hits its peak from December to February,
Will Increasing Interest Rates Finally Slow Down the Housing Market in 2022? Veros Predicts Not Likely
Today’s Q1 2022 VeroFORECAST report anticipates home prices will appreciate on average 7.1% for the next 12 months. Veros’ VeroFORECAST evaluates home prices in over 330 of the nation’s largest housing markets and reveals the cities expected to be the Strongest- or Least-performing metros in America.
