David Kirk, CRE, MAI, FRICS, is principal and founder of Kirk & Company, Real Estate Counselors, Boston.
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Considering what real estate topic to write about this time, I was between “What people want in housing” versus “Flattening of the yield curve.” The yield curve is interesting to certain personalities, and definitely has impact on real estate, but I thought I’d spare you that quantitative analysis. Maybe next time.
Strengths: Depending on one’s location, area(s) of practice and expertise, there has been, and continues to be generally strong demand...
Bud Clarke, MAI, is the 2018 president of the Massachusetts and Rhode Island Chapter of the Appraisal Institute and senior vice president at...
Cycling up after such an extended expansion is unprecedented. Like all cyclical patterns, this one will be a puzzler while unfolding. Tax reform has been boasted as a big booster, boosting GDP from 2-3% to 4.5 and 6%.
Things change in residential real estate. For the longest time, it was location, location, location. Then it morphed into a few variants, with a strong nod towards more modern design, more “green” houses, more family oriented open space
Looking in the rear-view mirror: what were the noteworthy trends in 2017? Looking ahead: what will 2018 bring to Boston markets?
The number of real estate appraisers has substantially declined over the past five years. This trend has led to more expensive fees, longer delivery times, and, in some instances, less credible results as appraisers cover larger areas and different types of properties.
Brad Hevenor is a commercial appraiser at Markus Appraisal, South Kingstown, R.I.
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Recently, the Massachusetts Board of Real Estate Appraisers (MBREA) conducted a survey of its members. 67% of the responders were born between 1939 and 1962 (currently aged from 55 to 78). 52% will retire within 10 years, and many will continue to work until they drop.