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Current Articles


Of Appraisers and Appraisal Trainees 
July 2003
Right now, most appraisers have as much work as they like. The markets are active and those appraisers who do financing work are enjoying a steady stream of refinancing appraisal assignments. The business is in good shape and entry level trainees are clamoring to get involved, filling appraisal classes and seeking positions in firms.
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GAO Study of the Real Estate Appraisal Industry
June 2003
This study was eagerly awaited by many of us. Having read this study with interest, it may be useful to summarize some of the key points. Read entire article >>

Tidings of Spring
May 2003
The last few years have been extraordinary years in many respects. The appraisal business in particular has once again confounded conventional wisdom.
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A Long Winter It's Been
April 2003
I wrote an article last year covering many points, only some very few of which I could lay claim to any expertise. But I posed them more as questions.
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Appraisers and the Bubble
October 16, 2002
With parts of the commercial real estate sector floundering, will housing be soon to follow?  Appraisers, while busy with valuation for refinancings and still active purchase markets, need to keep an eye on the health of the specific housing markets in which they work and to take care when working in less familiar terrains. Read entire article >>

March Madness
March 1, 2002
For devoted fans - constant or transient - of college basketball, there is nothing like March. It's a frenzied overload of the mind and senses. Read entire article >>

Resolved
January 3, 2002
A New Year. How to make it different from the old year? The year just past is over. And thank you very much that it is finally history. Nevertheless, it is not simply another tired out old year. . . . Read entire article >> 

Are We Worried Yet?
November 29, 20001
By all accounts, the residential refinancing frenzy is now history. The residential market appears at the very least appears to be pausing from the superheated pace of the past several years. . . . Read entire article >>

The Outlook
August 13, 2001
Feeling good because your house is worth a fortune? Sorry to rain on your parade: It might not be worth as much as you think. Read entire article >>

On Vacation?
August 2, 2001
Are you and I the only ones not on vacation? If the markets are slow, why is everyone busy? What really is happening out there? Is anyone capable of knowing? Is it really true that we only know what is happening until after it happens?  These and many other questions have no good answers. I'll talk about some things which can be answered. . . . Read entire article >> 

Appraiser Pressure
February 1, 2001
The problem of undue pressure on appraisers continues.  It's always been present, indeed, one suspects that as long as appraisers have existed, attempts to influence values have been made. Read entire article >>

Markets: Golden Age
November 6, 2000  
The real estate markets, particularly residential markets in Greater Boston, have been remarkably healthy over the past few years.  Pessimists among us might say too healthy.  But no one can argue that after the great malaise of the early 1990s an explosion of demand occurred  resulting in a fascinating scramble to create supply. . . . Read entire article >> 

The Pace of Change
The millennium is finally upon us. Predictions are in order. Appraisers like to say they do not predict the future. So I'll call this a forecast depending on many events beyond my control: see my limiting conditions. . . . Read entire article >>

Highest and Best Use Reflections
All through our real estate markets, striking (and more incremental) changes are taking place constantly.  Many of these changes, such as when vacant land is built up, are obvious.  Others, such as long term changes in building uses are less so. Read entire article >>

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