Category: Appraisal & Consulting
What’s a residential lot worth and who buys them? - by Brian White
March 13, 2020
In the Seacoast area of New Hampshire, similar to many other markets in New England, the prices of single residential lots have dramatically increased over the past several years along with the prices of single family homes. After examining the asking and
Hybrid appraisals: A step forward or a step back? - by Steven Spangle
March 13, 2020
Articles about hybrid appraisals are increasingly being written as these types of appraisals become increasingly popular with clients. Some appraisers are embracing them as the future of the appraisal industry while others are refusing to take these types of assignments.
The spring market is here! Appraisers need to stay current - Maria Hopkins
March 13, 2020
The spring market has arrived. We are hearing from many real estate professionals that there is a lack of inventory for their buyers. In many areas there are lines of people waiting to look at every house with multiple offers over asking. Pent up demand coupled with record low interest rates
2020 is in full swing as we head into the spring! - by George Demopulos
March 13, 2020
The Massachusetts and Rhode Island Chapter of the Appraisal Institute 2020 is in full swing as we head into the spring! Our next Board of Directors meeting is being held on Wednesday, March 24th in Braintree, MA at the Braintree Residence Inn.
The price of a good story: Appraising stigmatized properties - by Laurie Mentz Nichols
March 13, 2020
One of my favorite things about being an appraiser is sharing “war room” stories. Many of the tales I’ve heard over the years are common in the sense that they include the typical things encountered on inspections - animals, unique features, persons in a state of dishabille, or questionable items on the property.
Addressing the current black swan disruptor - by David Kirk
March 13, 2020
The contagion from COVID-19 has been a black swan disruptor resulting in collaborative communication and cooperation within the global economy. The built environment is vulnerable. The built environment can also be a constructive component in containing
Real state design: Short shelf life for a “permanent” structure - by Daniel Calano
March 13, 2020
Recently, I have been doing some market analysis consulting for a developer in Naples, Florida regarding “What buyers want” in housing. The bottom line was that buyers want something different than they wanted five years ago, which was different than five
Stuff is happening that affects appraisers - by Cohen and Sousa
February 14, 2020
There’s no doubt that the appraisal profession, as small as it is, remains on the radar of federal and state lawmakers and regulators. The size of the profession, coupled with the fact so few appraisers belong to any association that stands up for them, makes challenging adverse changes very difficult.
The appraiser as an expert witness - by Roger Durkin
February 14, 2020
This article is a taste of information about what an appraiser should and should not do as an appraisal expert witness. Almost every lawsuit is more about money than justice. Appraisers provide the money figures. And every lawsuit that involves professional
Appraisal misconceptions - by Bill Pastuszek
February 14, 2020
My very unscientific research shows some myth busting is needed. Here are some myths, misses and misconceptions. 1. The Appraisal Profession is Endangered. Not really. Despites rumors and some efforts to make it so, it’s a pretty good profession to be in.
MA/RI Chapter of AI president’s February message - by George Demopulos
February 14, 2020
The Massachusetts and Rhode Island Chapter of the Appraisal Institute opened the 2020 year with our first organizational meeting in January to establish our important committees and to discuss our yearly goals. The entire board of directors
An age-old problem or rather, old age - by Laurie Mentz Nichols
February 14, 2020
It’s old news for residential real estate appraisers – our numbers are dwindling. As of December 2019, the Appraisal Institute (AI) estimated that there were approximately 77,800 unique appraisers in the U.S. active appraiser population,
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