FHFA to allow desktop appraisals permanently

The Federal Housing Finance Agency has opted to make desktop appraisals permanent, having first introduced them as a temporary measure in March 2020. Desktop appraisals, as the name suggests, are an appraisal of a home’s value that’s done entirely at the appraiser’s desk. So there’s no traveling to the home, no inspection, no measuring. Rather,

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Zillow puts its ibuying business on hold again

Zillow is putting a hold on its iBuying operations until the end of the year after reaching “operational capacity” according to a statement by the company. The pause comes three years after Zillow gatecrashed the iBuying market with its Zillow Offers service, which allows homeowners to obtain an instant cash offer on their property and

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Real Estate Technology Update: Agents Still Waiting On Miracles

According to a NAR survey, cybersecurity, drones, 5G, and virtual reality will lead real estate technology developments in the next 24 months.

RealtyBizNews: Real Estate Marketing & Beyond