Appraisers are like old football players; they are running hard to keep up with ever-faster players. With the arrival of truly BIG DATA, and the seeming movement towards alternative valuations, it seems like the appraisal industry is in a bit of a free fall.
Appraisers are often asked to estimate the value of urban parcels under two scenarios: As is and subject to the owner obtaining specific development entitlements. However, larger development sites tend to have a limited number of recent comparable transactions available for review.
Roger Durkin, JD, MS, FASFA is an attorney and appraiser with Durkin Law PC, Boston, Mass.
1. State of Alaska, et al. v. Kim Wold, Alaska...
With the third quarter of 2017 closing, here is a snapshot of market conditions in various sub-markets within the Washington County Vermont single unit real estate market.
Do insurance premiums ever go down? And still provide more coverage? The answer could be yes to both. But first, we can take a look at what drives the cost of any insurance policy.
Karen Friel, MAI, MRA, is the 2017 president of the Massachusetts and Rhode Island Chapter of the Appraisal Institute and principal at Friel...
Connecticut has had mandatory appraiser licensing for many years, meaning that one must be licensed or certified to render an opinion of value, for any purpose. The exceptions to this law are limited.
Are we at the top of the market? I don’t know. I can’t predict the future and it’s not my job to do so. But. I’ll have to admit, I am asking that question frequently.
The Boston metropolitan area has strong roots in the education and health services sector and has become one of the most transformative regions for healthcare and life sciences in both the United States, and globally.
The Las Vegas tragedy and the destruction and disruption from the unprecedented series of natural disasters have given everyone reasons to pause. What lessons can be learned and how can we best recover and respond?