Category: Appraisal & Consulting
Self-storage and economic development - by Albert Franke
October 18, 2019
We all have too much stuff. Some of us are hitting the age when we are downsizing and in doing so, need somewhere to store all of that stuff. Millennials, many of whom are deferring home purchases and prefer apartment living, need extra storage for their belongings.
Appraising and underwriting during periods of inflection - by David Kirk
October 18, 2019
Market inflections are a challenge for both the appraiser and underwriter in the commercial property markets. Economic and property market trends are used for forecasting, and forecasting methodologies are often relied upon in commercial property markets.
Opportunity Zones: A good bet, but still a bet - by Daniel Calano
October 18, 2019
Most of you probably know what an opportunity zone is. I’ll do a brief rundown and then focus on the opportunities for real estate development and the potential risks. Briefly, opportunity zones were created by the 2017 Tax Cuts and Jobs Act.
Southern Maine’s current appraisal environment & challenges (or, drinking through the fire hose) -...
September 13, 2019
The current residential appraisal environment in Southern Maine continues to be challenging, but mostly in a managing the near overwhelming workload. This appears to be directly related to a combination of extremely favorable interest rates as well as what is normally higher demand during a typical, yearly appraiser “cycle.”
Common sense in 2019 - by Bill Pastuszek
September 13, 2019
This article was originally written in 2015. Seems like a long time ago. Interestingly how everything changes there are some fundamental concepts that don’t. A lot of economic behavior takes place based on a lack of knowledge and judgment and over-reliance on habit, benchmarks, or other factors founded
Appraising cold storage and food processing facilities - by Thomas Jensen
September 13, 2019
It is important for an appraiser to understand the difference between cold storage and food processing facilities compared to other forms of more traditional warehouse and manufacturing plants. The appraiser first needs to identify their unique physical characteristics
Evaluations – Are they an alternative to an appraisal? - by Shaun Fitzgerald
September 13, 2019
Financial regulators have raised from $250,000 to $400,000 the threshold at which an appraisal is required. The wisdom of that decision may not be decided until we have another crash. In the meantime, appraisal clients might serve themselves well by understanding the difference
The good times continue in the New England markets - by Corey Gustafson
September 13, 2019
The good times continue in the New England markets, and nationally, as the economic expansion continues. However, it might be time to throw away the complimentary closer that typically follows “and shows no signs of slowing down”- because that just does not fit anymore, unfortunately.
CT Chapter of the AI update new class offering - by Jacqueline Beauchaine
September 13, 2019
The Connecticut Chapter of the Appraisal Institute is offering a 3-hour continuing education program, Introduction to Vineyard and Deed Restricted Land Valuation, followed by a networking social which includes a wine tasting on September 19, at Jones Family Farm, Shelton, Conn.
Engage your constituents: Prospects can be engaged - by David Kirk
September 13, 2019
Before algorithmic failure, robo call default or call bank ball drops, engage your constituents. Clients and customers and respective prospects can be engaged. The deal is more than a transaction. Always more than trivial and frequently strategic, commercial real estate decisions
Short term volatility has long term impacts on real estate - by Daniel Calano
September 13, 2019
You’ve probably noticed recent dramatic volatility in everything from politics to money markets to overall attitude. Some has been brought on by tweets, overnight policy changes, and some by news reporters’ viewpoints. One day it’s positive; next day it’s negative.
Migration, demographic shifts and it’s effect on New England real estate - by Marc Nadeau
August 9, 2019
Being from Connecticut, I tend to focus on what’s happening here in the Nutmeg State, and it’s not pretty. We continue to lose population, mostly to southern states and states with greater tax advantages. The Connecticut Office of Policy and Management’s 2017 paper on
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