Category: Appraisal & Consulting
An appraiser contemplates the life cycle of religious properties - by Arnold Grant
October 8, 2021
As faith communities design and build religious facilities, the planning horizon may be measured in terms of decades or centuries. Churches, mosques, synagogues, and temples may offer the promise of permanence.
Residential price surge slowing? - by Shaun Fitzgerald
October 8, 2021
Is the residential home price surge slowing? It looks like it. While an appraiser is not required to predict the future, none of us want to get caught overvaluing a property. So it might be wise to look at some of the indicators that precede price declines.
A round table discussion for the benefit of the appraisal profession - by Roger Durkin
October 8, 2021
The next Appraiser Expo should include a round table discussion with a group of multi-discipline appraisers, real property, machinery, personal property, assessment, business valuation especially in issues involving litigation, divorce, partner disputes, bankruptcy, IRS decedent estates, gift tax, non-cash charitable donation, environmental stigma, etc.
Appraisers are a popular topic in Congress - by Allan Cohen
October 8, 2021
Appraisers and real estate appraisers are a popular topic in Congress. I heard this and wondered why. It turns out that our work has deeper layers of oversight that are raising questions. United States House Committee on Financial Services, also referred to as the House Banking Committee, is watching appraisers and reading appraisal reports.
Appraisals in a changing market - by Steven Spangle
October 8, 2021
Many real estate markets are starting to see prices increasing but at a slower pace and some price ranges are starting to see price drops. When a market is rapidly changing and sales and prices are in flux it can be challenging for appraisers who rely on historic data to support their conclusions.
Is the dream of homeownership out of reach? - by Shauna Hatch
October 8, 2021
It’s no secret that the demand for single-family homes in the United States is greater than the supply. Not only are fewer people selling their homes, but fewer homes are also being built. The building rate of the previous decade struggled
Appraisal Institute president message: Busy time of year - by John Drew
October 8, 2021
Fall is historically one of the busiest times of the year for the Appraisal Institute, and our programming calendar is in full swing. In fact, we just held two “firsts” for our newly merged Massachusetts-Rhode Island- Maine Chapter, including a virtual Appraisers Services Showcase
Keeping up with the real estate market - by Maria Hopkins
October 8, 2021
As I head into my 37th year as a Real Estate Appraiser, it is evident to me that this real estate market continues to be the hottest I’ve ever experienced. I continue to encourage my colleagues to keep up with the market.
Market analysis is a critical part of the appraisal development process - by Bill Pastuszek
September 10, 2021
Together with highest and best use, market analysis is a critical part of the appraisal development process. The Dictionary of Real Estate Appraisal defines market analysis as: “The study of the supply and demand in a specific area for a specific type of property.”
Update on causes of inflation - by Robert Concannon
September 10, 2021
Unless you’ve been living under a rock, benefiting from a trust fund, or are simply oblivious to day to day life…it seems that almost everything is more expensive in the post COVID-19 world.
Appraisal Institute president message: Mission statement - by John Drew
September 10, 2021
Well another summer went by too fast, but thanks to dedicated staff and volunteers at both the national and local chapter level the Appraisal Institute is off and running into the fall season. AI National set the stage when the board of directors adopted a strategic plan at their August meeting.
Building costs: fueled by higher demand/supply constraints - by Marc Nadeau
September 10, 2021
Building costs have been rising since June of 2020, it was almost as if a gun went off at the starting line of a race! Only that the participants in this case included a number of characters and elements, inclusive of new home buyers entering the market that had been sitting on the sidelines
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