The last 2 months have been challenging in different ways for most people. As an appraiser, I’ve had to navigate through the real estate market, analyzing the data in both a pre and post COVID market. In the beginning, it was too difficult to say what, if any,...
I hope everybody is off to a great 2020 start! After some much needed time off, I feel refreshed and excited about this upcoming year. Real Estate Office Meetings: Last year, I went into some real estate offices and did Q&A at meetings. This platform was beneficial...
I have found graphing to be imperative in showing market trends and emphasizing aspects of an appraisal. I’m thankful to have learned this tool of creating custom graphs a few years ago. Many viewers of the report simply want the nuts and bolts of the...
With continued upward pressure on prices in many market areas, it is always wise to identify trends within trends. When appraising, I always look at the overall market and as well as the segmented market of the subject property. Further, I look at a variety...
So far in 2016, the overall real estate market has been seemingly the perfect storm of low interest rates, shortage of inventory, and spring fever combined with strong buyer demand. Here are a few of my takeaways and thoughts as we head into summer. Market Recap: 1)...