The dramatic changes in a vibrant labor force are impacting just as dramatically the built environment. For any development, investment or speculation, determining the highest and best use (H&B) is first and the ongoing analysis. The appraisal process describes a 3 or 4 step process.
Some items worth thinking about. There are a lot of questions asked here. Many of the answers may not be yes or no response but may have a lot of “it depends….”
Housing. The housing markets seem to be in some disarray. It’s a bit amazing to see how the price of debt drives
The residential market in New England, and much of the country for that matter has seen the highest level of both activity and increases in prices in decades. The past two years have been somewhat blinding in terms of both pace and market appreciation.
Not again! What? Another inflation story? Fed raising interest rates? This saga is slowly evolving, perhaps to a close, but not at all over. It’s worth keeping up with, since the Fed is dead serious about crushing inflation and is having some real success.
Net Zero Emissions zoning and building codes are proposed in (several) major metropolitan jurisdictions. The implications for infrastructure, the grid and power production, are calculable if not complete. The public private partnership (PPP) for climate change is being expanded
Appraisers have been under some heat in the recent past. And, the heat, if this summer is any predictor, is not likely over. But today we’re going to focus on something more useful – things that appraisers do well.
The discussion of office work vs. hybrid work, is not new, but has been accelerated since the beginning of the pandemic. It has been debated in studies and news, seemingly forever. The difference now is that it is not just talk… hybrid is mandatory
Not so fast. Inflation, hybridization, recovery, recession, COVID, credit crunch. All works in progress. Evolution, revolution, innovation. The deal has not yet gone down. Both upside and downside risks, that balance, for many, establish a stability with
It’s the middle of the summer. A bit of a drought here in Mass. Some heat in the last couple of weeks but considering that one could have been in Paris in July or Phoenix almost any time, it hasn’t been too bad.
This isn’t another article complaining of high taxes in CT. They are quite high, fourth in the nation behind New Jersey, Illinois, and New Hampshire. That’s clearly the fault of liberals who want to spend too much, conservatives that don’t want to govern, and our fellow citizens who can’t be bothered to either pay attention or vote. It’s also not because of those things at all.
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