Project Resources
In undertaking our validation assignments, Boxwood draws on the following internal resources:
- National Database – Boxwood maintains a comprehensive database of millions of single-family, condominium and cooperative sales transactions. The massive size of this residential database, which is updated on a monthly basis, enables us to assemble fresh and appropriate statistical samples of transactions for most jurisdictions across the U.S. As a result, we are able to support AVM testing for local, regional and national banks irrespective of the size of their lending footprint.
- Risk Modeling and Testing Experience – We have deep experience with real estate modeling, having developed numerous risk and valuation tools for various industry applications. Among other client relationships, we have a multi-year contract with a top-five national bank involving ongoing testing of several AVMs.
- Quantitative Methods – Boxwood’s professional staff includes analysts led by company principal, Michaell Taylor, who has a Ph.D. in quantitative methods. Michaell specializes in client real estate assignments involving quantitative and statistical modeling, optimization and risk management. He acts as principal investigator on the firm’s AVM validation engagements.
Feel free to contact us for more information about our AVM testing services. |