Newmark Knight Acquisition Strengthens its Valuation Services
Newmark Knight Frank, announced it has acquired the assets of HVS, Inc., which operates under the name Hopkins Appraisal Services (“Hopkins”), a national leader in […]
Appraisals & Valuations
Money Continues to Flow into Appraisal Automation Startups
Automated appraisal startups continue to attract funding from investors as the push to make the often complex real estate valuation process less labor and time […]
FDIC Proposes New Real Estate Appraisal Guidelines
On Nov. 20, the Federal Deposit Insurance Corp. (FDIC), the Office of the Comptroller of the Currency and the Board of Governors of the Federal […]
CBRE to Offer Valuation Services for Multiple Property Portfolios
Global real estate firm CBRE launched a new portfolio valuation service for clients with multiple properties in different geographies, reported GlobeSt.com. The new service will […]
Certified Appraisals No Longer Required for Commercial Deals Under $500K
An inter-agency group of regulators from the Federal Reserve, the Office of the Comptroller of the Currency (OCC) and the Federal Deposit Insurance Corporation (FDIC) […]
Zillow Wins Dismissal of Lawsuit Challenging its ‘Zestimate’ Feature
A U.S. District Judge dismissed a federal lawsuit in Chicago challenging the accuracy of Zillow Group’s online estimates of home values, known as Zestimate, according […]
Homeowner Sues Zillow for its ‘Zestimate’ Feature
An disgruntled Illinois-homeowner is suing online real estate company Zillow Group, alleging that its ‘Zestimate’ feature, which provides a value estimate for properties, underestimated the value […]
Artificial Intelligence and the Future of Real Estate
Recent advances in technology have affected many facets of the real estate industry, including digitizing documents, automating property management functions and extending consumer access to listing […]
The Fed Warns of Rising Commercial Real Estate Valuations
A report by the U.S. Federal Reserve Bank, warned that prices of commercial properties, which have significantly outpaced rental income, are now a “growing concern”, […]
An Acute Shortage of Appraisers is Slowing Down Real Estate Transactions
Less people are choosing a career in real estate appraisal, considerably slowing down real estate transactions, according to an article in Inman News. In fact, the […]