Groups are smaller communities within the larger ActiveRain. Join groups created by others. or start your own and
get others to join
This is the place to view the past and present contests put on by ActiveRain and its members. Everyone can join the
group and help encourage each other. Current contest will be highlighted posts so it's easy for you all to see. Let it
Curious as to what others in your profession think about a certain product or tool?
AR's community takes the time to leave honest and transparent reviews of their experiences
so you can be a bit wiser about your purchase.
Broken down by categories and subcategories for easy finds
Get an unfiltered look at what real users are saying
Leave a review yourself for others to benefit from
Add new products as you use them and gain points for doing so
ActiveRain University (ARU) provides free on-line training. We coach, consult and support real estate professionals about real estate trends, technology and social media.
ARU Calendar provides class types and registration links
Watch short tutorials on updating your photo, inserting a hyperlink and much more
Sign up for the Daily Drop so you don't miss out on AR's daily happenings
Find answers to most FAQ's
Whatever it is you're into and wherever you are, AR surely has a group for you to join.
Brand, off the wall, specific subject matters…whatever it is you're looking for.
Each time you write a post you can syndicate your post to 5 groups.
And if by chance you don't find what you're looking for, start a new group today!
Get your content in front of more eyes
Search by location or type
Feel free to start your own group
Find some that are close to home and close to heart
Each month AR runs numerous contests as a way for our members to engage in activities
that will boost their business and increase their visibility in the community and beyond.
Earn points by partaking in these contest and climb the leaderboard
Do what's good for you and your business by participating
If you have an idea for a contest, just let us know
Stay motivated and on track with new contests popping up each month
Ask a Real Estate Question
Here's another avenue for you to build relationships with others. Share your expertise with someone searching for answers.
Play the teacher role and help someone out today
Your Homepage will alert you of new questions in your state
A wonderful way to open a door to a possible new client
Ask a question yourself to get help
These state pages or hyper-local pages provide content directly related to a specific geographical location.
State, County, City and Neighborhood pages make it easy for consumers to find what they're looking for.
Post your listings, school information, local events, market reports and more
Consumers peruse these pages for information
Farm your niche market and cover all the happenings in your neighborhood
March 27 (Bloomberg) -- Mortgage originations may double to $3.1 trillion this year as historically low interest rates and looser financing standards at Fannie Mae and Freddie Mac lure more borrowers, Bank of America Corp. analysts said.
“The fact that the GSEs are taking away the appraisal requirements increases capacity inherently,” Ravi said, referring to government-sponsored enterprises Fannie and Freddie. “You don’t need to do a portion of the work that you were doing before on these mortgages.”
And, we're supposed to be happy that trillions of dollars of mortgages will be originated without anyone taking the time to see if the house is standing, sitting next to a landfill, has the walls kicked in, or even analyze the local comparable properties to give a non-commissioned opinion about the value of the collateral backing up the loan?
Automated valuation models failed during the boom. They're even worse in a bust.
Did we not learn our lesson the first time around?
I said this about AVMs in Mortgage Banking Magazine four years ago this month:
"Market penetration for AVMs hovers in the 10 percent range because they don't work in the other 90 percent of cases," says Scott Kinnaird, chief strategy officer with a la mode Inc., Oklahoma City.
Kinnaird believes real estate sales are "personal, microeconomic" transactions, and appraisers are ultimately needed for valuing collateral. "AVMs can't smell a bizarre deal. AVMs can't see a peak has been hit by looking at current listings, because Realtors won't release that data, and AVM data is at least 90 days old. Appraisers do all of those things every day," Kinnaird says.
It's like groundhog day. We're going to rely on the government to jumpstart the housing market with cheap loans and loose underwriting.
Yeah, that makes perfect sense.
Check out what Dave Biggers, the founder of our company has to say about AVMs relative to the upcoming HVCC. Food for thought.
Disclaimer: ActiveRain Corp. does not necessarily endorse the real estate agents, loan officers and brokers listed on this site. These real estate profiles, blogs and blog entries are provided here as a courtesy to our visitors to help them make an informed decision when buying or selling a house. ActiveRain Corp. takes no responsibility for the content in these profiles, that are written by the members of this community.