The release of the Rural Appraiser Practicum Model, a first-of-its-kind resource created by The Appraisal Foundation (TAF) was one of the highlights pointed out by TAF President Kelly Davids in the organizations' November newsletter.

“The most significant barrier to homeownership for veterans and service members who are looking to buy is not meeting the monthly payment on a mortgage,” according NewDay, a national mortgage lending company serving the veteran community. Recently, NewDay released its transformational product designed to empower veterans and service members to achieve homeownership.

While the U.S. housing market remains in “a slump,” there are signs that circumstances are “gradually” improving, according to a First American senior economist. In a complimentary webinar recently hosted by October Research, First American Financial Corp. Senior Economist Sam Williamson shared data and his projections for the residential real estate market in the fourth quarter.

“I believe this is the ‘right time’ for major improvements in the appraisal profession,” Bradford Technologies CEO Jeff Bradford told Valuation Review. In Bradford's article "It's the Right Time," the CEO primarily focused on the "right" or "wrong" time for appraiser adaptation to technological changes within the profession. Read on for the full conversation with Bradford.

As technology continues to grow within the appraisal profession, it becomes even more paramount for appraisers to not stand idly by and watch progress pass them along the road to compliance. Valuation Review spoke with Restb.ai Valuations President Tony Pistilli who outlined a more proactive approach for appraisers when it comes to evolving technology. Read on for the full conversation.

The pending transaction between Peoples Company and Murray Wise Associates is scheduled to go into effect Nov. 15. The acquisition is for the ongoing management of selecting non-core farmland assets. Read on to learn more.

The alignment between Class Valuation and Land Gorilla enables lenders to order or automate final inspections and appraisal updates directly within the Land Gorilla platform.

On Oct. 21, the National Association of Realtors (NAR) released its statement on what Zillow's new app for ChatGPT means for MLS data usage. “Implementing and integrating new technologies, like artificial intelligence, into the homebuying and selling process has the potential to better serve consumers by enhancing the exposure of MLS listings and improving property search,” NAR said.

The prevalence of all-cash payments peaked at nearly 35 percent in late 2023 and early 2024 because mortgage rates peaked in the high-7 percent range during that time, according to a report from Redfin. Just under three in 10 (28.8 percent) homebuyers paid in all cash in August, down incrementally from 29 percent a year earlier.