Category: Appraisal & Consulting
Appraisal bias challenges - by Steven Spangle
January 14, 2022
There is a growing awareness of bias in the appraisal profession. President Biden has established a task force to address race-associated disparities in home appraisals. The commission will primarily focus on the issues of mandatory data reporting and automated valuation methods.
2022 CT Chapter of the Appraisal Institute update - by Jacqueline Beauchaine
January 14, 2022
As we welcome in 2022, I would like to personally thank the 2021 Connecticut Chapter of the Appraisal Institute officers and directors for their leadership/service during last year. They gave their time to help promote and strengthen the Appraisal Institute
Another great migration causes dislocation and renewal - Valerie Pontiff
January 14, 2022
Referencing movement by black families from the southeast to the north and west from about 1915 to 1970, The Great Migration changed demographics in the United States in ways that endure today. Six million people, or over 100,000 per year (250,000 using today’s US population)
Real Estate and the Metaverse: Phase II - Daniel Calano
January 14, 2022
Last month I wrote my New England Real Estate Journal article introducing the “metaverse,” and its potential impacts on real estate. I promised to dig deeper in the next one, with more specifics on the subject. Here it is.
Update on appraiser specialization - by Bill Pastuszek
December 10, 2021
I was looking through previous articles and came across something I wrote 4+ years ago that seems as appropriate now – if not more so – than then. Following is an update on the issue of appraiser specialization, competency, and meeting the current extraordinary demand for appraisal services.
Fremeau awarded Distinguished Service Award - by Brian White
December 10, 2021
The Distinguished Service Award is awarded by the board of directors on a periodic basis to individuals who have provided the chapter with exceptional leadership and/or service. This summer the NH/VT Chapter board of directors awarded Joseph Fremeau, MAI, SRA, this award.
Reforming Real Estate Appraisal Licensure -Part One - by Roger Durkin
December 10, 2021
For the last ten years Durkin Law, P.C. has acted as defense attorneys for Massachusetts licensed real estate appraisers charged in a complaint with the threat of losing his or her license to earn a living and/or face heavy fines, forced to surrender their license
The shortage in the appraisal industry - Maria Hopkins
December 10, 2021
Over the last two years, there has been an unprecedented volume of appraisal orders due to the low interest rates fueling the whole world to refinance. In addition, there was a high demand for housing of all types and price ranges with limited supply, which led to a strong increasing market.
President’s final message: Thank You! - by John Drew
December 10, 2021
Well that went by fast. It was just a year ago that I was sworn in as the 2021 president of the Massachusetts-Rhode Island Chapter of the Appraisal Institute. In short order we merged with Maine, and I am proud
CT regulation change to permit appraisers to complete evaluations - by John Galvin
December 10, 2021
Instead of real estate appraisals completed in compliance with the Uniform Standards of Professional Appraisal Practice (USPAP), in 2010, federally regulated financial institutions were permitted by federal law to utilize non-USPAP compliant opinions of value
Pandemic patterns in micro markets - by David Kirk
December 10, 2021
Omicron variant has appeared in North America and local economic activity will be impacted by the newly emergent variant. Pandemic patterns in micro markets have varied considerably. The performance of built environment is dependent upon the local economy
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