Appraisal & Consulting

President’s message: Work hard for the chapter

The new year has provided little opportunity for the Massachusetts, Rhode Island, and Maine Chapter to catch its breath. Our staff and slate of volunteers are hard at work executing a packed schedule

Metaverse finale: Virtual real estate future? - by Daniel Calano

This is the third and final NEREJ article regarding Metaverse concepts and their path towards virtual real estate investment. In my December and January articles, I reviewed the basics, including the definition of Metaverse and its current uses.

Eminent Domain Appraisals - by Marsha Campaniello

Appraisal opportunities often not considered are those involving Eminent Domain as a result of “the right of a government or its agent to expropriate private property for public use, with payment of just compensation” through due process of law. Whether the appraisal client is the property owner or the government agency, whether the property is residential, commercial, industrial or vacant land

The past year, reviewed. The next year, forecasted - by Bill Pastuszek

For most real estate professionals and for nearly all appraisers, 2021 was a hard-working year. With respect to economic behavior as it relates to real estate and valuation, the COVID era continues to challenge and surprise.

Forecast - Two per cent! - by David Kirk

Seasonally and algorithmically adjusted data is spilling forth. The Fed has reported that rate action, guiding inter-bank lending and borrowing, can be expected to increase in 2022 significantly. Other quantitative easing, primarily Fed portfolio purchases

Saben, MRA ,74, passed away December 21st, 2021

Yarmouth, MA Robert William Saben Jr., MRA ,74, passed away peacefully at his home in Canton, Georgia on Tuesday, December 21st, 2021, surrounded by loving family members.

Appraisal bias challenges - by Steven Spangle

There is a growing awareness of bias in the appraisal profession. President Biden has established a task force to address race-associated disparities in home appraisals. The commission will primarily focus on the issues of mandatory data reporting and automated valuation methods.

President’s first message: Looking forward to 2022 - by Brad Hevenor

Brad Hevenor, MAI, is the 2022 president of the Massachusetts, Rhode Island & Maine Chapter of the Appraisal Institute and is vice presi...

2022 CT Chapter of the Appraisal Institute update - by Jacqueline Beauchaine

As we welcome in 2022, I would like to personally thank the 2021 Connecticut Chapter of the Appraisal Institute officers and directors for their leadership/service during last year. They gave their time to help promote and strengthen the Appraisal Institute

Another great migration causes dislocation and renewal - Valerie Pontiff

Referencing movement by black families from the southeast to the north and west from about 1915 to 1970, The Great Migration changed demographics in the United States in ways that endure today. Six million people, or over 100,000 per year (250,000 using today’s US population)