Eres : Digital Library : Works

Paper eres2007_380:
Validation of Residential Property Automated Valuation Models (AVMs): Recent Experience in the US Mortgage Industry

id eres2007_380
authors Nattagh, Nima
year 2007
title Validation of Residential Property Automated Valuation Models (AVMs): Recent Experience in the US Mortgage Industry
source 14th Annual European Real Estate Society Conference in London, UK
summary The US housing sector is the largest market for real estate valuation models, generically known as Automated Valuation Models (AVMs). The mortgage industry’s increasing rate of adoption of these models, however, has not been matched by a disciplined approach to model validation. A three-stage AVM testing and validation approach is recommended. Emphasis should be placed on evaluating data sources, modeling techniques and analysis of the test results in a proper statistical context.
series ERES:conference
discussion No discussions. Post discussion ...
ratings
session Session I5: Automated Valuation Models
last changed 2009/11/19 09:01
HOMELOGIN (you are user _anon_819516 from group guest) Powered by SciX Open Publishing Services 1.002