The Impact of Interest Rates and the Housing Market
In the dynamic world of real estate, various factors contribute to the fluctuations in home prices. Among these factors, interest rates play a crucial role in shaping the housing market. In 2023, we have observed a notable change; while the housing market hasn’t receded, home price increases have certainly slowed down. In this blog post, […]
Real Estate Market Update 2023
The state of the real estate market in 2023 is a hot topic of discussion. In this comprehensive update, we’ll dive into current conditions and the factors shaping the market. If you’re considering buying or selling a property this year, read on to get a clear picture of what to expect. Current Market Conditions Mortgage […]
What to Expect When Working with Akrivis Real Estate Valuation Services
Whether buying or selling a property, settling a loved one’s estate, or going through a divorce, people often need real estate valuations at some of their most sensitive and emotional times. No matter what life stage or event you’re going through, we want you to feel 100% confident that you’re working with a great team […]
Real Estate Evaluations vs. Automated Value Models
Real estate evaluations and automated value models (AVM) are two popular methods used to estimate property values. Real estate evaluations involve real estate professionals conducting a thorough valuation of your property, considering various factors and applying professional judgment. On the other hand, AVMs employ algorithms to generate an estimated property value. Let’s explore the difference […]
What is a Real Estate Evaluation & When Can My Lending Institution Use Them?
Updated on 5/30/23 A very common question that lenders have is what real estate evaluations are and when their lending institution can use them. In today’s unique and quickly changing market, real estate evaluations are a trusted third-party opinion of real estate value. However, financial institutions are still worried as to whether such a product […]