Land Appraisal requires a good land appraiser

Gettting the correct valuation for land can be tricky. Farm land versus development land and other factors matter.

Land & Development Property Appraisal - Minnesota Real Estate Appraisal Services LLC

Development Land Appraisals Focus on Two Possibilities The value of the land in its current use The value the land should it be sub-divided A comprehensive development land appraisal will consider b

1-4-17// Newz .National MLS Database?, No college degree?, .AMCs in trouble?

A National MLS Database? Excerpt: Instead of considering the consolidation of the governance and management structures of the MLS, thereby providing coast-to-coast cooperation among brokers, we should

1-11-18 Newz//Is it jUSt PAP?,Terrible Real Estate Agent Photos

Terrible Real Estate Agent Photos Just For Fun!! Most Excellent Photos and Very Creative Captions!! Very, very funny and weird!! You just gotta see them! Cannot be described. http://terriblerealestate

[Media] Bloomberg Markets Interview January 11, 2018

So I was walking down Fifth Avenue in Midtown Manhattan in the late morning after a meeting and got a call from Bloomberg TV. Apparently, two different stories that featured two of the market reports

UsPaP – A Few More Obvious False Assumptions

By Barry Bates The appraisal client is always the intended user. A lovely concept out in the ether somewhere, but hardly ever the case in practice. The client (who engages the appraiser) is a lending

2017: The Year The 2015 Manhattan Market Shift Became Conventional Wisdom

After controlling the Manhattan housing market for quite a while, sellers and landlords exchanged roles with buyers and tenants circa 2015. After peaking in 3Q 2015, the market share of bidding wars f

[Media] Brick Underground Podcast January 2, 2018 - Jonathan Miller

Just before the holidays, I got to join Alanna Schubach and Nathan Tomey on their Brick Underground podcast to talk about 2018. This podcast will always have a special meaning to me as our late friend

Is it jUSt PAP?

By Barry Bates Appraisal is not rocket science, but it’s been around for about 300 years and it worked pretty well when the principles were kept simple and the consequences for ignoring them were di

12/28/17 Newz//Home prices since 1870, Change your templates!!, Very unusual airports

CHANGE YOUR TEMPLATES!!, computer folders, etc. Appraisal template(s) forms, and narrative appraisals, proposals/bids, etc. Set up new (sub) folders on your computer for 2018, such as 2018fotos and 20

New Manhattan Condos Got Really Big Over The Past Three Years

Average sales size patterns for these two size sales categories split sharply three years ago. [Click to expand]

1-18-18 Newz//Hybrid Appraisal Rejected, Scope Creeping, UsPaP False Assumptions

Scope Creep – Head’em Off at the Pass! By George Dell Excerpt: Why do we have scope creep? Possible answers include: – The reviewer or clerk has to justify their existence; – There is genuine

Bloomberg TV - Housing Related Issues in Final Version of the Tax Cut and Jobs Act of 2017

Today I joined Joe Weisenthal and Julie Hyman on Bloomberg TV's "Bloomberg Markets" for a discussion on the impact to the U.S. Housing Market in the aftermath of the new Tax Cut and Jobs Act of 2017 t

12-21-17 Newz//: AMC appraisal fraud, Fannie Appraiser Update, CoStar vs Xceligent

The Three Most Fascinating Homes In 2017 Just For Fun!! Very unusual… and two are very low priced ;> You just gotta see this 2 minute FUNNY video!! Death and Breakfast, House with Big Cave, and V

How the GOP Tax Bill Might Impact U.S. Residential Real Estate

[UPDATE: The impact of the tax bill changed after it came out of committee and became law on December 22nd, 2017. See an updated tax law impact summary here.] Both houses of Congress have passed far-r

NY1 TV, 'Mornings On 1' with Pat Kiernan

Yesterday I joined Pat Kiernan on NY1's Mornings on 1 show to talk about the proposed tax GOP tax bills agree to by the House and the Senate. Pat is a local broadcasting legend so it was great to actu

12-14-17 Newz, Underground Digs, AirBnB values, FHA loan limits and PACE

Digging into our drive to tunnel, bore, and head underground. Just For Fun!! Excerpt: The deepest tunnelers among animals, crocodiles that can burrow 39 feet down, cannot compete with us at all. Human

12-7-17 Newz//Appraisal Waiver Threat, Very Modern Churches, New USPAP Q&As

A Tour of the World’s Most Unrepentantly Modern Churches Worship at the altar of striking architecture. Excerpt: Outside the town of Almadén, in central Spain, nestled on a scrubby hillside, there

11-30-17 Newz// My Client the FBI, 50 Lane Traffic Jam,Third Party Inspections

China’s 50-Lane Traffic Jam Is Every Commuter’s Worst Nightmare What happens when a checkpoint merges 50 lanes down to 20. Excerpts: Thousands of motorists found themselves stranded on Tuesday in

One57 Flip Analysis From Manhattan's Peak New Development

For those of you that read my weekly Housing Notes, you'll know I refer to 2014 as "Peak New Development" for the Manhattan housing market. "Peak Luxury" works as a label too. Bloomberg news broke the

Explainer: Overall Median Sales Price Submarket Changes May Not Fall In Range

This title is way too wonky but I found it hard to pare down. It's easier to explain visually. When I complete my research for Douglas Elliman in a particular housing market and the percent change in

On Bloomberg TV: What'd You Miss? 10-5-2017

I had a fun conversation on Bloomberg Television with Scarlet Fu, Joe Weisenthal and Julia Chatterley. We were discussing the results of our research behind the Elliman Report: Manhattan Sales 3Q17 th

Commercial Real Estate Appraiser – Minnesota

Commercial Real Estate Appraisals Are More Complicated Than the Typical House Appraisal That is hardly a surprise. Unlike most home appraisals, there are usually far fewer comprable (comps) properties

Recent Appraisal Topics

Rules Change? Possible loss of business for Appraisers. Are we setting the stage for future misery, again? U.S. bank regulators may increase the commercial loan threshold for requiring appraisals from

Industrial Real Estate Appraisal Trends

National and Regional Industrial Real Estate Appraisal Trends We are looking to identify trends in national and major nearby metro areas to alert ourselves to anticipated changes in the demand for ind

Commercial Real Estate Appraisals – Minnesota When You Need It Done Right

Commercial Real Estate Appraisals – Minnesota When you need it done Right. Call 612-618-0917 http://www.mnreappraisals.com/ Our Appraisals Stand Up in Court. We are Court certified and expert witnes

Real Estate Appraisals That Will Stand Up In Court, If They Had To – Minnesota

When Emotions Are Raw, and Trust Is Low, You Need a Real Estate Appraisal That Could Stand Up In Court If It Had To. Your client is going through divorce and there is real property involved. One party

Housing Values up on demand, but can lower financing costs help?

New warning lights for rising home prices Home prices are crossing the line again. After an epic housing crash, where values plummeted nationally by almost 35 percent, the nation is seeing new highs a

Commercial Real Estate Appraisal News

Appraisers group unveils three-year strategic plan | Real Estate Weekly The nation’s largest professional association of real estate appraisers today announced a three-year strategic plan to address

Estate and Inheritance Appraisals & Misc Value Building

A death in the family or in some cases in the company can create more than mourning over the deceased, Sometimes it can result in serious issues and sometimes fighting over the value of real estate am

Minneapolis Office Buildings

SkyScrapers Dot the Minneapolis Skyline We do not get a chance to do an appraisal on Minneapolis’s many skyscrapers very often, but we have done a fair number of office building appraisals over the

Land & Development Property Appraisal

Development Land Appraisals Focus on Two Possibilities The value of the land in its current use The value the land should it be sub-divided A comprehensive development land appraisal will consider b

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