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Story results for: Pastuszek
Appraiser’s perspective - by Bill Pastuszek
May 1, 2020
I sit here in my comfortable office, able to work, feeling not all that essential but nonetheless classified as such, and worry about the human toll. I think about those that are sick, those who care for the sick, and those struggling with the crisis’ social and economic
In the face of uncertainty - by Bill Pastuszek
April 10, 2020
Here we all are, social creatures, prohibited from contact with others. Our public places are not full of the humans they were designed for. Real estate is not being used as it was intended. We venture from our homes carefully.
Industrial market overview in Boston - by Bill Pastuszek
March 13, 2020
In surveying the Boston Industrial market, I came across the following. CBRE’s 2020 Market Overview notes that “the U.S. Industrial market will see some dramatic shifts in 2020. Absorption gains will be difficult to achieve” where in some markets there are extremely low vacancy rates and limited space options.
Of inspections, personal inspections, and responsibilities - by Bill Pastuszek
March 6, 2020
Real estate appraisers appraise real estate, except that what we really value are the rights in real property represented by the real estate. But, real estate is tangible and generally fixed
Appraisal misconceptions - by Bill Pastuszek
February 14, 2020
My very unscientific research shows some myth busting is needed. Here are some myths, misses and misconceptions. 1. The Appraisal Profession is Endangered. Not really. Despites rumors and some efforts to make it so, it’s a pretty good profession to be in.
The year reviewed: An eventful year 2019 was, on many fronts - by Bill Pastuszek
January 10, 2020
An eventful year, 2019 was, on many fronts. On the real estate end of things, it was a pretty much steady as it continues to go this time of year. The biggest surprise was that these markets keep on going, going, going, like that tired old TV Bunny!
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
What’s with this market? The expansion continues...- by Bill Pastuszek
November 8, 2019
The expansion continues (Part VI, or something like that). I’ve been having discussions with appraisers, lenders, investors, experts and pretty much anyone who will engage in conversations, casual or formal. I continue to be amazed
Appraisers in a box – again: Current trends appear to be constricting ability to provide services...
October 25, 2019
I reread an article I wrote three years ago entitled “Appraisers in a Box.” The article discussed that “[r]eal estate professionals are finding it increasingly difficult to carry out professional
Big Data: We must analyze and understand primary data - by Bill Pastuszek
October 18, 2019
Big data is with us, all around us. We are inundated by surveys, studies, charts and graphs, that allow appraisers to understand – or misunderstand – the characteristics of the varied real estate markets in which appraisers work.
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
Appraisers in a box – again: Current trends appear to be constricting ability to provide services...
September 6, 2019
I reread an article I wrote three years ago entitled “Appraisers in a Box.” The article discussed that “[r]eal estate professionals are finding it increasingly difficult to carry out professional responsibilities in an increasingly competitive and regulatory stifling environment.” The professionals include those in conveyancing, brokerage, and appraisal.
The Mass. Board of Real Estate Appraisers celebrates 85th Anniversary Dinner and Hall of ...
August 9, 2019
Canton, MA The Mass. Board of Real Estate Appraisers celebrates 85th Anniversary Dinner and Hall of Fame Ceremony Wednesday, June 26th at Blue Hill Country Club.
Hot topics to consider during these warm summer days - by Bill Pastuszek
August 9, 2019
Appraisal Thresholds. The National Credit Union Administration (NCUA) increases – quadruples – the commercial loan appraisal threshold for when a commercial real estate appraisal is not required from $250,000 to $1 million.
Massachusetts Board of Real Estate Appraiser’s Hall of Fame Dinner - by Bill Pastuszek
July 12, 2019
Last week I attended the Massachusetts Board of Real Estate Appraiser’s Hall of Fame Dinner. The event was well-attended, happily so in an age of disinterest in attending meetings corporeally.
Surveys, pundits, and the big picture - by Bill Pastuszek
May 10, 2019
We know that real estate markets are highly stratified, pretty illiquid and not overly transparent. There are not huge numbers of buyers, sellers, and transactions in a lot of asset classes.
Appraisal modernization? Is this the future? Is this evolution, revolution, or regression? - by Bill...
April 12, 2019
Appraisal modernization? Is this the future of appraisal? Is this evolution, revolution, or regression? The March 2019 Fannie Mae Newsletter (https://www.fanniemae.com/content/news/current-appraiser-newsletter.pdf) raises some truly revolutionary (to some) points. See the following Q&As.
This generation of appraisers: Taking responsibility for the assignment and controlling the process ...
March 1, 2019
After seemingly getting through the tunnel’s darkness and getting to the bright end, it seems like residential appraisers may be entering dark times again. Not self-inflicted, but assault from without. The residential appraisal profession went through a process of change during the downturn. The ensuing changes, while eliciting the usual appraiser complaints, were effective getting the appraisal process much more independent, free from undue influence, and technically more solid.
Raising the appraisal threshold: Does this make sense? by Bill Pastuszek
February 8, 2019
From the Federal Register, Vol. 83, No. 235, Friday, December 7, 2018: “The proposed rule would increase the threshold level at or below which appraisals would not be required for residential real estate-related transactions from $250,000 to $400,000.” With me so far?