With mortgage interest rates remaining low compared to historic averages, many people are financing their home purchases -- a move that makes a lot of financial sense. Whenever you buy a property and ...
For the past two years appraisal gap clauses have been de rigueur in many markets, much to the disdain of frustrated homebuyers. Mortgage startup Tomo feels, however, that it has a solution. On ...
The incredible boom in Denver real estate, paced by a series of record average home prices that only recently have shown signs of moderating, has been well documented. But one story remains largely ...
The appraisal value of homes in predominantly Black and Latino neighborhoods is oftentimes much lower than that of houses in mostly White communities, according to a recent analysis from Freddie Mac.
When you google “appraisal gap” — and I just did — a long list of search results appear. To my surprise, the top results did not link to economists expounding on the intricacies of home price ...
There is a racial gap in home appraisals, with homes in Black and Latino neighborhoods being valued lower than those in White neighborhoods. A legacy of redlining and systemic racism in the housing ...
Home prices are soaring and much of it is because of a lack of supply, experts say, but other factors are also at play including a phenomenon called "appraisal creep." Indy real estate broker Josh ...
MCLEAN, Va., Sept. 20, 2021 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) today released an analysis showing that appraisal values are more likely to fall below the contracted sale price of a home in ...