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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.
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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.
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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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