News: Appraisal & Consulting

President’s message: New Hampshire - Vermont merger - by Katrina Hill

Katrina Hill, Appraisal Institute Katrina Hill, Appraisal Institute

The New Hampshire and Vermont Chapters of the Appraisal Institute will be merging to become the New Hampshire - Vermont Chapter, effective January 1, 2017. The merger has been accepted by the Region and by National this summer, with the merger slated for 2017. Both the New Hampshire and the Vermont Chapter boards and membership have approved the merger. We plan to continue holding our chapter meetings and seminars in Concord, NH with some courses to be scheduled for Burlington, VT.

Purpose of the Merger

The purpose of the merger of the Vermont Chapter with the New Hampshire Chapter is to ensure and to maintain an active, relevant and meaningful Appraisal Institute presence in both states. The merger will allow for Vermont residents to have up to two seats on the New Hampshire Board of Directors; to hold two educational offerings in Vermont each year; and to have the possibility of holding one chapter meeting in Vermont each year. Chapter members from Vermont will be able to meet at the two educational offerings held in Vermont each year; at the one possible chapter meeting; or at the New Hampshire chapter meetings & educational offerings held in New Hampshire. The New Hampshire Chapter will benefit from the merger through expanded membership and increased educational offerings.

There will be no leadership changes and the newly formed chapter will have a common Board of Directors, with two seats filled by Appraisal Institute members from Vermont. With this merger, there will be an immediate increase and expansion of educational offerings with the key locations remaining as Concord, NH and Burlington, VT. The expanded services will provide greater opportunities for members, improved candidate mentoring and will allow candidates in both states to potentially qualify for scholarship funds to further their quest for a designation.

Educational Offerings Fall 2016

• September 20 - Paragon Essentials - An overview of the new Multiple Listing Software.

• October 12 - “A Home that Pays Your Energy Bill - Really” - Presented by Sandra Adomatis, at Unity Homes, Walpole, NH (Builder of High-Performance Homes, Homes that are Fossil-Fuel Free & Affordable) with a tour of the builder’s facility.

• October 13 Introduction to Green Buildings - Principles and Concepts.*

• October 14th Case Studies in Appraising Green Residential Buildings.*

*Note: These are two of the four courses in the Appraisal Institute’s Valuation of Sustainable Buildings Professional Development Program whereby an appraiser can become competent in the valuation of “green buildings.” With their specialized features, appraiser competency is of critical importance. Appraisal-users (lenders, attorneys, etc.) are actively looking for appraisers with this competency.

Presenter:  Sandra Adomatis, SRA, is a nationally recognized expert, speaker and instructor on Green Valuation and High Performance buildings. She was a speaker at the 2016 International Builders Show, author of the newly published book, “Residential Green Valuation Tools” and one of the authors of the recent 2015 study “Selling into the Sun: Price Premium of a Multi-State Dataset of Solar Homes.”

• November 15 - Updates on the New Hampshire Economy, presenter Russ Thibeault, Applied Economic Research, Appraiser and Economist.

For more information go to www.ai-nh.com or http://www.appraisalinstitute.org/.

Katrina Hill, SRA, is the 2016 president of the New Hampshire Chapter of the Appraisal Institute and a certified general appraiser with R.B. Hill Company, Sunapee, NH.

READ ON THE GO
DIGITAL EDITIONS
Subscribe
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Quick Hits
STAY INFORMED FOR $9.99/Mo.
NEREJ PRINT EDITION
Stay Informed
STAY CONNECTED
SIGN-UP FOR NEREJ EMAILS
Newsletter
Columns and Thought Leadership
Shawmut Design and Construction breaks ground on the 195 District Park Pavilion in Providence, RI

Shawmut Design and Construction breaks ground on the 195 District Park Pavilion in Providence, RI

Providence, RI Shawmut Design and Construction celebrated the ceremonial groundbreaking for the 195 District Park Pavilion, marking the start of construction on a facility that will feature year-round dining and support space for park operations. In addition to the 3,500 s/f building, the project will include infrastructure upgrades
The New England Real Estate Journal presents<br> the First Annual Project of the Year Award! Vote today!

The New England Real Estate Journal presents
the First Annual Project of the Year Award! Vote today!

The New England Real Estate proud to showcase the remarkable projects that have graced the cover and center spread of NEREJ this year, all made possible by the collaboration of outstanding project teams. Now, it's time to recognize the top project of 2024, and we need your vote!
Investing in a falling rate environment - by Harrison Klein

Investing in a falling rate environment - by Harrison Klein

Long-term interest rates have fallen by 100 basis points, and the market is normalizing. In December of 2022 I wrote an article about investing in a high interest rate, high inflation market. Since then, inflation has cooled off, and the Fed has begun lowering their funds rate.
The 2024 CRE markets: “The Ups” (industrial) and “The Downs” (Boston class B/C office) - by Webster Collins

The 2024 CRE markets: “The Ups” (industrial) and “The Downs” (Boston class B/C office) - by Webster Collins

The industrial markets have never been stronger. What has happened is that the build out of Devens with new high-tech biotech manufacturing with housing to service these buildings serves as the connector required to really make the I-495 West market sizzle. Worcester has been the beneficiary