by David Castranio | Apr 8, 2016 | Appraisals, CMA, RealPrice
When markets are moving faster than normal, as they are in the neighborhood illustrated in the chart below, not everyone can keep up with the changes. Real estate agents are better positioned than most to recognize the situation and to do something about it. The...
by David Castranio | Mar 19, 2016 | CMA, RealPrice
It is tempting to believe that the more comps we have the better. That’s not usually true and, in practice, can lead to some unfortunate judgments. We really have to get GOOD comps and if we try to have the best, we will more than likely have fewer rather than more....
by David Castranio | Mar 5, 2016 | CMA, RealPrice
We believe that real estate agents know what they are doing. They are actively participating in the market on a daily basis, interacting with clients, mortgage brokers, appraisers, office managers, attorneys and other agents. They are holding open houses, touring...
by David Castranio | Feb 2, 2016 | AVM, RealPrice
Automated Valuation Models are computer programs which are designed to estimate the market value (or consensus selling price) of residential real estate. There are many versions. They generate results very quickly, which is a real asset in the internet age, and are...