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?
Thomas Jensen, MAI, a seasoned commercial real estate appraisal industry veteran who joined IRR more than two decades ago, will lead the new office as senior managing director, along with Emmet Logue, MAI, CRE, executive director; Christopher Walsh, MAI, director; and Jeremiah Manfra, MAI, director.
The Massachusetts Legislature launched the 191st General Court on January 2. The senate will be led by Karen Spilka while the house will be led by Robert DeLeo. Committee leaderships and assignments have not been announced.
1) Mortgage Database: We have been working for approximately two years building out our mortgage database and each sale now has a mortgage e...
After decades of under-supply, the Chittenden County apartment market has experienced a boom in new construction over the past five years. Since 2014, an average of 461 new apartments were built per year, which is three times the average annual growth rate between 2000 and 2010.
On Tuesday, January 29th at the Federal Reserve Boston, the Massachusetts and Rhode Island Chapter of the Appraisal Institute held the annual Economic Outlook and Real Estate Trends 2019 program.
Early recaps, wrap-ups and forecasts for commercial real estate are strong and measured. Fundamentals were stable to strong in 2018 and so were the first three quarters of 2018 for commercial real estate. The Fed has finally paused on rates and focused with transparency on its oversized balance sheet.
It’s still Boston. What a great place! What an economy. If you can afford it, booming Boston is a great place in which to live and work. For most. Demand for skilled workers and affordable housing is unabated, the metro’s population increases, and the quality of life is enviable, if unaffordable to some.
The former New Hampshire and Vermont Chapters of the Appraisal Institute merged into a single chapter one year ago. The combined chapter is now known as the New Hampshire/Vermont Chapter. David Cornell, MAI and 2018 president of the chapter oversaw the merger and the first year operating
I started 2018 as the recently installed president of the Maine Chapter of the Appraisal Institute. Throughout this past year, I significantly benefited from the efforts, insight and experiences of the chapter officers and directors. Please allow me this opportunity to thank them for their efforts