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
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
Is housing in a bubble that’s about to burst?
Spoiler: No Concern keeps growing over where house prices are headed for consumers caught in the supply and demand scenario that has sent prices soaring in the post-pandemic market. Google reported last week that the search question “When is the housing market going to crash?” had spiked 2,450% in the past month. “Why is the
Veros Reports Home Prices Set to Increase 7% by the First Quarter of 2022
By Q1 2022, the overall average forecast is 7%, an additional increase of 1.1 percentage points compared to 5.9% just a quarter ago. This level of change from one quarter to the next is heavily driven by strong markets, primarily in the West. “The VeroFORECAST data indicates upward price pressure in nearly all markets during 2021,” said Darius Bozorgi, CEO of Veros Real Estate Solutions. “Buyer demand remains strong with almost no major metro area showing notable home price depreciation over the next 12 months.”
HOT TREND: Home price growth in Boise City, Idaho, explained
The COVID-19 pandemic revealed new migration trends that show a shift toward the inner United States, thereby boosting home prices, especially in markets such as Boise City, Idaho. The bigger question remains: is this growth likely to continue into 2021? Or is this just a hot trend that will fizzle out sooner than later. Digging
