Story by Phil Hall
A new white paper published by Clear Capital is forecasting a “fledgling renaissance” in appraisals, with new procedures and technologies that were adapted during the COVID-19 pandemic opening a new route for appraisers within the residential real estate sector.
The white paper, titled “Why We’re Heading Into a Golden Age for Appraisal Modernization,” comes on the heels of last month’s Request for Input (RFI) by the Federal Housing Finance Agency on appraisal modernization. While the RFI is accepting responses through February 26, Clear Capital is stating that changes for the better are already taking place.