Appraisal & Consulting

Short-term thinking and long-term investing

In real estate, the decision to make repairs to short-lived items can be supported by an analysis of cost versus benefit. Yet, when the issu...

Change is happening fast: Maybe at the point of upheaval

One of the first principles an appraiser trainee learns is that of change. In the textbook The Appraisal of Real Estate published by the App...

Part 2 - Torto speaks to CRE: Market outlook is positive

Sales Price Stabilizing for Core v. Value Torto stated that there is a 38% decline since 2Q '07 in valued added real estate. There is ample...

You think you own your home? Think again...

Back in 2008, when residential real estate prices had dropped around 35-40% around the world, people were saying that Iceland was going bank...

More appraisers are completing appraisal reviews than in past years

More appraisers are completing appraisal reviews than in past years. As the need and thus the demand for field reviews have grown the number...

Part 1 - Torto speaks to CRE: Market outlook is positive

The CRE New England/Upstate NY chapter held its second event for 2010 at Meredith&Grew in Boston. Ray Torto, CRE and global chief economist ...

Money for real estate: A tale of two cities

In the past, I have written about how risk adjusted return requirements for real estate can vary. It was not a simple story, since one perso...

Is this spring or just another rain event? Signs of a spring market are apparent all around

Despite the floods, many signs of hope are apparent in many of our residential 1-4 family markets, locally and nationally. The long winter m...

Finding market patterns that are emerging

The market has lots of information. Beyond the forensic lab work and microbe traces familiar to the real estate community in name only, prop...

Seeing reason for hope in the appraisal market

So, with my complete and utter failure as a March Madness prognosticator and not one pick in the Final Four and only two in the Elite Eight,...