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Case-Shiller Home Price Index. A house price index (HPI) measures the price changes of residential housing as a percentage change from some specific start date (which has an HPI of 100). Methodologies commonly used to calculate an HPI are hedonic regression (HR), simple moving average (SMA), and repeat-sales regression (RSR).
Cost approach is a real estate appraisal valuation method used to price an individual property. [1] It is one of three methods, the others being market approach, or sales comparison approach, and income approach.
An AVM is a residential valuation report that can be obtained in a matter of milliseconds. It is a technology-driven report. The product of an automated valuation technology comes from the analysis of public record data and computer decision logic combined to provide a calculated estimate of a probable value of a residential property.
Bankrate’s new-home calculator can help you figure out how much house you can afford. Another useful guideline that can help is the 28 percent rule: Many experts advise limiting your housing ...
Building home equity generally involves increasing your property’s value or decreasing your mortgage debt, or some combination of both. Increases in home equity go hand in hand with increases in ...
AVMs analyze local sales data, property records and market trends to estimate the value of your home — similar to online value estimators like Zillow and Redfin, but with more detailed data.
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