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Home | Tag Archives: Pro Teck

Tag Archives: Pro Teck

Why is Miami Ranked Among Weakest Markets?

Rates BH

Seeing Miami, commonly perceived as flourishing, in the bottom tier of home value rankings may surprise market watchers. What factors contributed to Miami's placement on Pro Teck's "Top 10 Weakest Markets" in August, and what other cities gained this dubious honor?

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Pro Teck Unveils Appraisal Desktop with Inspection

Pro Teck Valuation Services introduced Appraisal Desktop with Inspection (ADI), a new hybrid appraisal product for home equity and second mortgage lending. As a USPAP-compliant desktop appraisal platform, ADI was designed to fill the gap between an automated valuation model with property condition report and a field appraisal.

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ProTek Explains Why Certain Markets Are Unresponsive to Low Rates

While the trend of low mortgage rates seen in the last year has stirred up housing activity and helped the market, Pro Teck Valuation Services posits a major question in its latest Home Value Forecast (HVF): Why have home prices in some markets been less responsive to low rates? The writers of the report named three dominant reasons. First, they note that credit scores for many households took a hit during and after the crisis as a result of loan modifications, foreclosures, and job losses, ""and the breadth of the impact has been sufficient to affect millions of households who now much become or are already renters.""

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