Automated home appraisals to become more widespread

Mortgage companies are increasingly turning to computer algorithms to appraise seller’s homes, and a new federal proposal may see the practice become even more widespread, the Wall Street Journal reports. According to the Journal, federal regulators want the majority of U.S. homes valued at less than $400,000 to be exempt from a requirement that says

Read More »

RealtyBizNews: Real Estate Marketing & Beyond