Online Home Value Estimates Are NOT Appraisals

Where are these home value estimates coming from? By Karen Belita, Data Scientist The prevalence of technology gives anyone more access to a broad spectrum of information on the internet. In real estate, access to property details and values is easier due partly to Automated Valuation Models or AVMs. Automated Valuation Models spit out a […]

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Building Permits: A Closer Look

Building permits increased in most markets, but we see fewer permits and more expensive construction in high-priced markets. In the era of limited housing inventory, adding new construction is one of the means to deal with housing affordability issues. At the local level, metropolitan areas are doing the most to address the housing shortage by […]

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