Category: Appraisal & Consulting
We must be gracious to each other, now more than ever - by Sean Sargeant
July 9, 2021
The system is stressed. The entire system; from listing to closing; is operating above its design capacity and has been for the last 12 months. Driven by residential mortgage interest rates that start in the low 2’s and buyers seeking a flight to safety,
Appraisal Institute provides year-round programming - by John Drew
July 9, 2021
Some organizations may take the summer off, but the MA-RI-ME Chapter of the Appraisal Institute continues to provide the year-round programming, and the behind the scenes planning that our members expect.
CRE market after pandemic - by Tom Whiting
July 9, 2021
Now that the pandemic seems like it is winding down, what will be its long-term effects on commercial real estate? How will they affect values? Are they likely to affect all commercial sectors the same?
MBREA’s government affairs committee returns to Beacon Hill - by Allan Cohen
July 9, 2021
Getting a bill passed by the Massachusetts legislature and having it signed by the governor takes Herculean effort. Support at several levels is required starting at grassroots and ending with the governor. The process
Markets are rebounding: We all seem to now believe the worst is behind us - by Bill Pastuszek
July 9, 2021
Markets are rebounding: We all seem to now believe the worst is behind us in terms of COVID-19 and the possibly recently concluded Great Pandemic. This is now the Grand Reopening phase. Things seem to be getting back to normal.
What is the office sector experiencing as it moves out of COVID-19? - by Bill Pastuszek
June 11, 2021
What is the office sector experiencing as it moves out of COVID? What is in store for landlords, tenants, and office occupiers going forward? The office market is an asset class that was affected very fundamentally by the lockdown: The house/apartment/loft became the office for many, and is likely to continue to be for some.
Workforce housing in N.H. - by Kathleen Holden Bergeron
June 11, 2021
Since the early 2000’s, rising home prices and rents in New Hampshire have resulted in in challenges for residents finding affordable housing in some areas. Meanwhile, record low unemployment has burdened businesses with a scarcity of qualified employees.
Increasing values and the appraiser’s challenge - by Steven Spangle
June 11, 2021
Housing prices have been increasing at amazing rates. This has been great for sellers but it is a challenge for appraisers. Projections for 2021 and 2020 are for increasing values. The percent of increase projected is generally slightly below the levels the market has been experiencing.
All property sectors are showing signs of improvement - by David Kirk
June 11, 2021
All property sectors are showing signs of improvement. For hospitality, entertainment, travel and retail, operations continue to lag substantially pre-pandemic performance and operations are forecast for extended short to long term uncertainty. Housing and places of employment are still strong and getting stronger as the economy recovers remarkably broadly.
We have stepped over the threshold into summer - by John Drew
June 11, 2021
We have stepped over the threshold into the official start of summer, and the signs of better weather are accompanied by signs of improvement in our local economy. Many experts seem to agree that as vaccination levels rise, and we begin to leave our masks behind, economic improvement will continue.
Marina Valuations – Methodology and the challenges ahead for the industry - by Marc Nadeau
June 11, 2021
The valuation of marinas is one of the most challenging appraisals to perform respective of the fact that they often contain a lot of moving parts, so to speak. This article intends to simplify the process by outlining a succinct methodology for both the appraiser and operator alike.
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