Public space – open, accessible, attractive and integrated – has been on the urban agenda and permitting plate for decades. The details have been inconsistently transparent and enforced. Of course, some results have been essential and elegant.
Most importantly, increase in rates meant the Fed was seeing signs of inflation, which (if modest), meant increasing employment, increasing salaries. Thus, the consensus was that while the borrowing cost of housing might go up, so would the ability to pay.
Since 2009, the residential appraisal profession has experienced significant changes. Many of the changes were thought to be temporary, and many were not really permanent solutions, but to many, these patchwork solutions have acquired the feeling of permanence.
My appraisal practice, for the most part, keeps me in Middlesex and Essex Counties, with occasional visits to Norfolk, Suffolk, and Worcester Counties.
Massachusetts Board of Real Estate Appraisers’ (MBREA) Government Affairs Committee met in May to review recent actions and non-actions taken by the state’s legislature.
Each year, around 100 valuation professionals around the country are selected to participate in the Appraisal Institute’s Leadership Development and Advisory Council (LDAC) in Washington, DC.
The Economic Growth, Regulatory Relief, and Consumer Protection Act (S. 2155), signed into law by the President on May 24, targets partial roll-backs to the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 (Dodd-Frank).
The built environment is vulnerable. Commercial real estate is particularly well measured for resilience and sustainability because for-profit holding entities do not normally have access to rainy day funds or endowments like public and non-profit property owners respectively.
Back in the day, when you wanted to hold a special event, and needed a real estate venue to do it in, you would book a restaurant, a hotel or conference facility. Fast forward to now, and the venue could be a penthouse of an upper west side New York building
The Massachusetts and Rhode Island Chapter of the Appraisal Institute will be holding a two-hour continuing education event at 2:30 PM on May 23rd within the Boston Bruins training facility at 80 Guest St. in Brighton. Panelist will include:
