The core foundation of the sales comparison approach to real estate appraisals is the quality of the comparables used and adjustments made to those comparables to arrive at a...
During December 2023 to February 2024, Los Angeles, CA, stood out with the highest median percentage of 100.0%, showing a significant year-over-year increase of 1.3%. In contrast, Jacksonville, FL,...
Among the top 15 metro areas, Miami maintained its top position in the percentage change of new listing count from December 2023 to February 2024, showing an increase of...
At the end of February 2024, Boston metro area witnessed the highest increase in inventory for sale among the top 15 metro areas, with a rise of 42.7% compared...
There are many steps in the process of reviewing appraisals and our focus in this series of articles is the comparable analysis step to validate the sales comparison approach....
Denver metro area shows the highest increase in home sales among the top 15 metro areas in February 2024, with a rise of 6.3% when compared to the same...
Real estate technology has experienced and continues on a journey of massive transformation driven by data, artificial intelligence, and computer vision. When it comes to client engagement a few...
Among the top 15 metro areas, New York metro area saw the highest increase of 12.7% in the median sale price from December 2023 to February 2024, with a...
The rental market has grown rapidly since the pandemic and rental prices are nearly 30% higher than they were before the pandemic. With the interest rates expected to start...
The standards of real estate appraisal in the US includes 3 major methods for appraising the value of a real estate property – sales comparison approach, cost approach, and...
