Chasing and capturing the peak of the market is always difficult and everyone wants to accomplish it. It certainly feels like we are close to the peak but we thought that to be true last year. As long as interest rates stay low
Since the outbreak of the COVID-19 crisis earlier this year, most real estate professionals have been eager to figure out where various segments of the broader real estate markets may be headed.
The Massachusetts and Rhode Island Chapter of the Appraisal Institute is hoping all of our friends and clients are continuing to stay safe during the COVID-19 Pandemic.
The dictionary definition of master is “a man who has people working for him, especially servants or slaves.” This has been a buzzword in the mortgage, appraisal, and Realtor industry lately due to its connotations. It comes up as a common reference in real estate and design as the master bedroom.
Dipstick not covering as quickly as anticipated or hoped. Supports expiring and allowances depleted, running on fumes. Sputtering, choking, chugging. And yet markets and supply chains are full and functioning.
Nobody could predict COVID. Yet, its results on the real estate market have been swift and obvious: overall shutdowns, no open houses, urbanites fleeing to the suburbs. The result is a lot of empty housing units.
After an unprecedented ten years of growth, by February 2020, global markets including real estate are now in flux as a result of the COVID-19 Pandemic. The COVID-19 outbreak resulted in tremendous uncertainty regarding the duration and depth of the crisis.
Where have all the appraisers gone? Where are the new ones coming from? Will technology take over the appraisal function? Why is it so difficult to become an appraiser?
This article is the result of an email from Steve Sousa, executive vice president MBREA based on an article of Tim Logan in the Boston Globe
titled “Downtown’s surreal, empty scenes convey a haunting omen.
Bankruptcy laws were created by the founding fathers to protect the citizenry from overburdening financial difficulties. The U. S. Constitution Article 1, Section 8, Clause 4 states: “Congress shall have Power To...establish...uniform Laws on the subject of Bankruptcies throughout the United States....”