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....”
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 in
The architectural landscape in New England has long been rooted by the traditional form that we all know so well. Terms to that roll off our tongues include that of colonial or cape style residences, along with ranch, raised ranches, split levels and the ever-present vernacular.
The pandemic has prevailed long enough to have established a new economy with new demography and technography – patterns of change, post pandemic. In many respects, the new norms are evolving, yet uncertainty about duration, shape and impact still prevails with daily impacts.
There has been a lot written about whether office life, or lack thereof, will ever be the same. It’s fairly clear…. that nothing is clear. Some say employees will zoom forever; some say they cannot survive at home; some say office employment be a mix of remote, virtual, and physical.
As this COVID situation drags on and even escalates, we enter this summer with great discontent and uncertainty.We thought if we hunkered down for a few months, paid our dues by staying in our bunkers and acting virtually (and virtuously)