Blog
Notes from the testing desk.
Commentary on AVM testing, regulation and the housing market from the team that runs the independent benchmark.
FeaturedArticlesRaising the De Minimis Threshold – Fear Not!Background There is a lot of controversy about appraisals and Appraisers these days, and the FFIEC proposed rule change – increasing the de minimis threshold to $500,000 – allowing for an appraisal exemption and the use of an evaluation in lieu of an appraisal – has sparked anxiety in the world of collateral risk. Our…Read the article →
FeaturedAnnouncementsBeing Part of the CSUCI Community Means Being Active Our local community is a team, together we effect the most positive of changes! Many thanks to all those who attended the CI Alumni & Friends Happy Hour at the Hangar event (Thursday, 6/16). We raised over $12,000 for student scholarships and it was a blast doing it. AVMetrics is proud to be major…Read the article →
FeaturedArticlesSame Scandal, New PerpetratorIt seems like only yesterday we were lamenting the hubris of Volkswagen , loading software into their TDI models to fake out emissions tests on tens of millions of vehicles. Here we are again, this time with Mitsubishi . The only real surprise is that these companies don’t learn. Hyundai in 2012, Ford in 2014,…Read the article →FeaturedAnnouncementsTechie Turns Expert WitnessThanks to the San Fernando Valley Business Journal for their coverage in the April 18 issue. Stephanie Henkel described how Lee has leveraged his expertise with AVMs and Real Estate Valuation into a second career as an expert witness. Like many small business owners who develop expertise in their fields to survive and thrive…Read the article →FeaturedArticlesCascade vs Model Preference Table – What's the Difference?In the AVM world, there is a bit of confusion about what exactly is a “cascade.” It’s time to clear that up. Over the years, the terms “cascade” and “Model Preference Table” TM have been used interchangeably, but at AVMetrics, we draw an important distinction that the industry would do well to adopt as a…Read the article →FeaturedAnnouncementsCongressional Rep. Steve Knight and the Importance of Independent OversightOn March 10, 2016, AVMetrics™ was pleased to welcome Rep. Steve Knight to the offices. The team talked to Rep. Knight about a wide range of issues, from the local economy to environmental issues. Rep. Knight has been touring the District and meeting with constituents to develop an ever-greater understanding of the issues that his constituents face.…Read the article →FeaturedAnnouncements2016 Test File Schedule2016 AVM Validation Testing DatesRead the article →FeaturedArticlesWhat Volkswagen Needs MostRight now, what Volkswagen needs most is probably not what you think. Yes, they need lawyers and public relations help, and probably more lawyers. And, they need some internal investigations and a new mission statement. But, what they need most is that magic thing that money simply cannot buy: Volkswagen needs to regain the consumer’s…Read the article →