Minneapolis Commercial Real Estate Insights

Many factors are involved in Commercial Real Estate Valuations, including historic and prospective factors that influence the surrounding area outside of the property in question itself.

What Exactly Do I Get When I Order An Appraisal?

So, You Want to Order an Appraisal? I received a call from a homeowner this week who was referred to me by an agent friend. The first thing she said was “Jane (not the agent’s real name) told me t

[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

[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

Minneapolis Office Buildings - Minnesota Real Estate Appraisal Services LLC

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

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

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

How Do I Know If My Home is Priced Accurately?

Do You Wonder if Your Home is Priced Accurately? It’s a fact that one of the biggest reasons a home doesn’t sell is that it’s not priced right. By this, I mean that it is priced too high. If it

6 Factors That Influence Your Home’s Value

Do You Know The Factors That Influence Your Home’s Value? During a discussion recently with a homeowner, I was asked: “what can I do to increase the value of my home”? Keep in mind that I had c

Is a Birmingham Home Appraisal Worth the Money?

A Birmingham Home Appraisal May Be In Your Future Well, 2017 is behind us and 2018 is ahead of us. A new year brings new opportunities and new possibilities. These may come in the form of selling your

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

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]

A Millennial’s Guide to Understanding the Home Appraisal

A Millennial’s Guide to Understanding the Home Appraisal Millennials have recently become a big topic in real estate circles. Some reports indicate that they have surpassed baby boomers as the large

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

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

NAR Appraiser Trends Survey

For a while now, NAR has heard from REALTORS® concerned about the state of the appraisal industry. Agents talk of difficulty finding appraisers, long turn-around times, and “rush” fees for faster

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

Drones – the Appraiser’s Next Great Tool

The following is a guest post by Greg B. Mays. After years of consideration, the Federal Aviation Administration (FAA) has finally published rules on how to integrate drones safely into the National A

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

Appraisal Course for Lending Professionals and other Non-Appraisers

Lending professionals and other non-appraisers will gain a better understanding of the Uniform Standards of Professional Appraisal Practice (USPAP) and its applicability to the lending process through

Third Exposure Draft – Valuation of Green and High Performance Property: Background and Core Competency

The Appraisal Practices Board (APB) of The Appraisal Foundation has issued the following document for comment: Third Exposure Draft – Valuation of Green and High Performance Property:  Background

Alliance for Valuation Education Seeks SMEs

The Alliance for Valuation Education, a non-profit established with the support of thirteen leading valuation-related organizations (including the National Association of REALTORS), is soliciting appl

FHA Single Family Draft Handbook Appraiser Requirements

The Federal Housing Administration posted four draft appraiser-specific policy documents that will be part of the Single Family Housing Policy Handbook. FHA specifically encourages FHA Roster appraise

AQB Exposure Draft of a Proposed Revision to the 2015 Real Property Appraiser Qualification Criteria

The Appraiser Qualifications Board (AQB) has issued an Exposure Draft of a Proposed Revision to the 2015 Real Property Appraiser Qualification Criteria. In recent months, as states have worked to make

New Appraisal Tools Section on REALTOR.org/appraisal

NAR has added a new resource on the REALTOR.org/appraisal page called “Appraisal Tools.”  The Appraisal Tools page provides links to educational resources for real estate agents who want to educa

New Mercury Mobile App May Speed Appraisals

      A new iOS app from a la mode, the Naples, Fla.-based real estate and mortgage technology company, offers a solution to appraisal delays. The app is called Mercury Mobile. It enables appraise

Appraisal Practices Board National Talent Pool

The Appraisal Practices Board (APB) of The Appraisal Foundation is seeking valuation professionals for a national talent pool to serve as a resource to the Board as it develops future voluntary guidan

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