Tag Archives: Eric Fox

“It appears that we have turned the corner from overall slight annual forecast depreciation one quarter ago to an overall flat forecast now,” said Eric Fox, Chief Economist at Veros.

With the market still hampered by high mortgage rates and tight supply, MReport asks a panel of experts if the spring/summer 2023 housing market will bring homebuyers back off the sidelines.

Veros Real Estate Solutions’ forecast anticipates that home prices will overall turn negative and depreciate by the end of 2023— entering negative territory for the first time in more than a decade.

“It is crucial to utilize professional-grade AVMs that can help identify potential racial bias in home valuations and to flag concerns of potential undervaluation of minority-owned properties,” said Eric Fox, Chief Economist at Veros.

Releasing the second-quarter results of its VeroFORECAST, Veros Real Estate Solutions, an enterprise risk management and collateral valuation service company, predicts that home prices will appreciate on average 4.5% ...

According to Veros Real Estate Solutions, home price appreciation will increase significantly during the next 12 months in the 100 most-populated markets. VeroFORECAST data found that by the ...