Category: Appraisal & Consulting
Sherman begins one-year term as president of the Appraisal Institute
January 10, 2020
Chicago, IL Jefferson Sherman, MAI, AI-GRS, of Highland Heights, Ohio, began his one-year term as president of the Appraisal Institute on January 1. The Appraisal Institute is one of the nation’s largest professional associations of real estate appraisers
New Year, new laws: CT rings 2020 with five public acts - by Laurie Mentz Nichols
January 10, 2020
Connecticut rings in the new year with five Public Acts which affect the real estate profession. Following are summaries of the acts; detailed information on all Public Acts can be found on the Connecticut General Assembly website: https://www.cga.ct.gov
Pick it up: 2020 is the New Next Decade - by David Kirk
January 10, 2020
Commercial real estate markets will continue to be increasingly competitive and decreasingly liquid as 2020 unfolds. Many traditional measures such as rent, selling prices, vacancy/occupancy rates will slideways, or bounce marginally in both directions.
Jobs boom vs. Housing: Can Boston handle the growth? - by Daniel Calano
January 10, 2020
Mark Twain once summarized Benjamin Disraeli’s statement that there are “lies, damn lies, and statistics.” In researching the question of whether housing supply can keep up with new job growth, I found myself siding with Twain.
Tariffs: Existential threat, or serious real estate impacts - by Daniel Calano
January 1, 2020
You must know from all the news, that “Trump tariffs” have been recently reviewed, discussed, evaluated, and as promised, implemented swiftly. But, they have also been modified, reduced or increased, just as fast and somewhat quixotically.
The Mass. and R.I. chapter of the Appraisal Institute host holiday meeting and installation of offic...
December 13, 2019
Norwood, MA The Mass. and R.I. chapter of the Appraisal Institute hosted its holiday meeting and installation of officers and directors on December 4th at Four Points by Sheraton. George Demopulos was named the 2020 president.
How was 2019 for the housing market? by Bill Pastuszek
December 13, 2019
From the Massachusetts Association of Realtors (MAR): The number of homes for sale and new homes added to the market went down in October. A spokesman notes, “Homeowners seem more inclined to stay off the market rather than risk having nothing to buy after the sale goes through
Maine Chapter of Appraisal Institute’s president’s message - by Tina O'Connell
December 13, 2019
I wanted to take a moment to personally thank Don MacKay for his hard work over the past year as president of the chapter. He has done a tremendous job keeping up with the many tasks required of him. He deserves some recognition for his strong leadership, which has had a broad
The write stuff - by Roger Durkin
December 13, 2019
Successful narrative appraisal report writing is based in the recognition that the appraisal report is an argument. An argument is a set of assertions supported by logic and evidence. According to USPAP and Black’s Law Dictionary, the term credible means worthy of belief.
Appraising dev. sites: With vs. without entitlements - by Thomas Jensen
December 13, 2019
Appraising a development site often requires “as is” and “as entitled” scenarios. However, larger sites tend to have a limited number of recent comparable transactions available for review. Therefore, a paired sales analysis of sites “with” and “without” entitlements is not always possible.
MA/RI Chapter of AI President’s final message - by Greg Curtis
December 13, 2019
It has been another productive year for the Massachusetts and Rhode Island Chapter of the Appraisal Institute. The chapter had a record 13 newly designated members, including 10 MAIs and three SRAs. Additionally, three RAs haves earned an AI-RRS and one MAI has earned an AI-GRS for a total of 17 new designees.
Keeping up with Portsmouth - Stephen Bergeron
December 13, 2019
In recent decades, the city of Portsmouth seems to have changed more drastically than any other community in New Hampshire. Before discussing some of these changes, I thought it would be interesting to note some of the demographic characteristics that make Portsmouth unique.
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