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
Top reasons why the expected decline in the housing market in 2023 is not the same as the crash of 2008
Housing market forecasts for 2023 have varied predictions, with some expecting gains of around 5% to others expecting a deterioration of over 5%. What is clear is that the era of low mortgage rates, buying frenzy, and double-digit price growths is over.
The rise and fall of the Boise housing market
It was one of the fastest growing markets in 2021 and is now expected to be one of the worst performers in 2023.
Home prices in Boise, Idaho rose rapidly after the pandemic hit, climbing 38.6% y-o-y from Q2 2020 to Q2 2021.
Veros Reports That its National Housing Market Annual Forecast Goes Negative for the First Time in More Than a Decade
The Q3 2022 VeroFORECAST anticipates home prices will appreciate on average just 1.5% for the next twelve months. This is a significant drop from the 4.5% annual appreciation forecast just one quarter ago.
