In the summer of 2016, the highest priced new construction residential condominium located in the town of Exeter, New Hampshire was commanding a sale price of approximately $370,000, slightly over $225 per s/f.
The Counselors of Real Estate (CRE) has identified the current and emerging issues expected to have the most significant impact on real estate, with the COVID-19 pandemic being the leading concern of the 1,000-member organization.
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. Appraisers, just like all of our customers, clients and friends
To inspect or not inspect? That is the question many appraisers have faced with the onset of the pandemic. On any given day, a residential appraiser is in and out of several homes, in addition to making stops along the way for research,
Affordable housing is among the Counselors of Real Estate’s Top Ten Issues Affecting Real Estate for 2020-2021. COVID-19 has made the housing affordability challenge more widely seen and more widely felt throughout the US.
There are definitely shifts afoot in housing demand because of the coronavirus pandemic. The problem is, no one really knows how dramatically, or even in what direction, the shift will take us. Just like the economy, it all depends on how long pandemic lasts, and whether there is a vaccine in sight.
In this jumbled, unreal, and hard time world, after a long, uncomfortable lock-down, we yearn for some semblance of normalcy. As we start to come out of the lock-down, we think about doing things that we haven’t done or haven’t been allowed to do.
If there is one constant in the real estate industry it is change. Occupancy levels go up or come down, expenses increase or decrease as do rents. Ultimately values move in reactions to the changes.
One day a local contractor walked into the Taunton, Mass. assessor’s office, pointed his finger at me and said, “You are trying to put me out of business!” He had just received a July 1st real estate tax bill for a new single family home
Escape from New York. I’m referring to the effect of the coronavirus pandemic on the New York and Connecticut housing markets, lest you think I’m speaking of John Carpenter’s 1981 classic sci-fi action movie, “Escape from New York,” starring Kurt Russell
