Appraisal & Consulting

The last half of 2008: Variously forecasted and reforecast

The last half of 2008 has been variously forecasted and reforecast. The upward revision to 3.3% of the gross domestic product (GDP) from 1....

A philosophical look at the appraisal industry

As I plod through 2008 in my role as a real estate appraiser and businessperson, I am reminded of the phrase I heard during my college days ...

The market is the greatest ever to buy or sell real estate!

For all of you out there moaning about how bad the real estate market is - stop being such a pessimist. The glass is not half empty. It is m...

What different factors do appraisers use to determine current market analysis?

According to the Standard & Poor's/Case-Shiller 20-city index of home prices there was a drop of 15.8% in May compared to a year ago. This ...

Economic trends of weakness in all markets

National trends in employment, spending and production have weakened during 2008. Marginal gains in productivity support marginal economic g...

The Housing and Economic Recovery Act of 2008

I was enjoying my morning cup of coffee when I heard that President Bush signed into law the Housing and Economic Recovery Act of 2008. It s...

A zoning option for land developers

An appraiser researches the use of the land and describes zoning characteristics when completing an appraisal report. Properties I have app...

Mass Appraisal Institute President's message: Appraisers, blacksmiths and the future

About 10 years ago I was inspecting a car wash property as part of an appraisal I was completing. The older gentleman showing me the proper...

The Market and the market: Bridging the gap - Part 2

Quantitative Analysis Most appraisers do not have great facility in quantitative analysis. It's a basic statistical tenet that small data s...

CRE Boston chapter events from the past and in the future

The New England chapters of CRE and CoreNet once again teamed up for a joint event on June 19th. The program was a panel presentation spotli...