http://www.appraisalinstitute.org/newsadvocacy/press.aspx This is the syndication feed for Appraisal Institute News Releases. 120 CHICAGO (June 18, 2013) – The movie theater business is in troubled times, facing competition from many viewing alternatives, decreasing attendance and falling values for some properties, according to an article published this week in The Appraisal Journal. http://www.appraisalinstitute.org/newsadvocacy/news/2013/Movie-Theater-Industry-Faces-Obsolescence-6-18-13.aspx http://www.appraisalinstitute.org/newsadvocacy/news/2013/Movie-Theater-Industry-Faces-Obsolescence-6-18-13.aspx Wed, 19 Jun 2013 00:00:00 GMT 2013 CHICAGO (June 11, 2013) – The Appraisal Institute, the nation’s largest professional association of real estate appraisers, today advised homeowners to use discretion when deciding which home improvement projects to take on, saying that not all renovations positively impact property values. http://www.appraisalinstitute.org/newsadvocacy/news/2013/Only-Certain-Home-Improvements-Pay-Off-6-11-13.aspx http://www.appraisalinstitute.org/newsadvocacy/news/2013/Only-Certain-Home-Improvements-Pay-Off-6-11-13.aspx Wed, 12 Jun 2013 00:00:00 GMT 2013 CHICAGO (June 7, 2013) – The nation’s largest professional association of real estate appraisers announced its support today for federal legislation that would improve the mortgage underwriting process by ensuring appraisers are provided relevant property information relating to green and energy-efficient features. http://www.appraisalinstitute.org/newsadvocacy/news/2013/Appraisal-Institute-Calls-on-Congress-06-07-13.aspx http://www.appraisalinstitute.org/newsadvocacy/news/2013/Appraisal-Institute-Calls-on-Congress-06-07-13.aspx Sat, 08 Jun 2013 00:00:00 GMT 2013 CHICAGO (May 29, 2013) – Technological development in the real estate valuation profession remains too focused on appraisal report forms and not attentive enough to market analysis, said appraisers, their residential clients, mortgage finance industry leaders, bank regulators and other participants May 24 at the Appraisal Institute Stakeholders Forum in Washington, D.C. http://www.appraisalinstitute.org/newsadvocacy/news/2013/Technological-Integration-Critical-to-Future-5-29-13.aspx http://www.appraisalinstitute.org/newsadvocacy/news/2013/Technological-Integration-Critical-to-Future-5-29-13.aspx Thu, 30 May 2013 00:00:00 GMT 2013 CHICAGO (May 15, 2013) – The Appraisal Institute, the nation’s largest professional association of real estate appraisers, today advised homeowners to properly maintain their landscaping, which can significantly affect property values. http://www.appraisalinstitute.org/newsadvocacy/news/2013/Landscaping-Can-Impact-Home-Values-5-15-13.aspx http://www.appraisalinstitute.org/newsadvocacy/news/2013/Landscaping-Can-Impact-Home-Values-5-15-13.aspx Thu, 16 May 2013 00:00:00 GMT 2013 CHICAGO (May 7, 2013) – The Appraisal Institute joined some of the world’s leading professional organizations May 2 in forming the International Property Management Standards Coalition. The two-day meeting at the World Bank in Washington, D.C., focused on developing and embedding a single standard for the way property is measured worldwide. http://www.appraisalinstitute.org/newsadvocacy/news/2013/Appraisal-Institute-Joins-Global-5-7-13.aspx http://www.appraisalinstitute.org/newsadvocacy/news/2013/Appraisal-Institute-Joins-Global-5-7-13.aspx Wed, 08 May 2013 00:00:00 GMT 2013 CHICAGO (April 9, 2013) – The percentage of appraisers with a state certification is at an all-time high, the nation’s largest professional association of real estate appraisers announced today. With more than half of U.S. appraisers aged 51 to 65, the Appraisal Institute anticipates opportunities for new appraisers. http://www.appraisalinstitute.org/newsadvocacy/news/2013/Certified-Appraisers-at-All-time-High-Opportunities-Coming-4-9-13.aspx http://www.appraisalinstitute.org/newsadvocacy/news/2013/Certified-Appraisers-at-All-time-High-Opportunities-Coming-4-9-13.aspx Wed, 10 Apr 2013 00:00:00 GMT 2013 CHICAGO (March 21, 2013) – Homeowners who are considering property tax appeals should be prepared with all the necessary information, the nation’s largest professional association of real estate appraisers said today. http://www.appraisalinstitute.org/newsadvocacy/news/2013/Appraisal-Institute-Provides-Homeowners-with-Property-Tax-Appeal-Tips-032013.aspx http://www.appraisalinstitute.org/newsadvocacy/news/2013/Appraisal-Institute-Provides-Homeowners-with-Property-Tax-Appeal-Tips-032013.aspx Fri, 22 Mar 2013 00:00:00 GMT 2013 CHICAGO (Mar. 7, 2013) – The nation’s largest professional association of real estate appraisers today released an updated form intended to help analyze values of energy efficient home features. It remains the first of its kind intended for appraisers' use. http://www.appraisalinstitute.org/newsadvocacy/news/2013/Appraisal-Institute-Releases-Enhanced-Form-to-Help-Real-Estate-Appraisers-Analyze-Green-Features-03-07-13.aspx http://www.appraisalinstitute.org/newsadvocacy/news/2013/Appraisal-Institute-Releases-Enhanced-Form-to-Help-Real-Estate-Appraisers-Analyze-Green-Features-03-07-13.aspx Fri, 08 Mar 2013 00:00:00 GMT 2013 CHICAGO (Feb. 28, 2013) – The size of a property relative to the average sized property in its neighborhood may affect its sale price, according to an article published this week in The Appraisal Journal. http://www.appraisalinstitute.org/newsadvocacy/news/2013/relative-size-of-homes-property-values-02282013.aspx http://www.appraisalinstitute.org/newsadvocacy/news/2013/relative-size-of-homes-property-values-02282013.aspx Fri, 01 Mar 2013 00:00:00 GMT 2013 CHICAGO (Feb. 21, 2013) – The nation’s largest professional association of real estate appraisers premiered its “Residential and Commercial Valuation of Solar” course today in Albuquerque, N.M. The course is the latest offering in the Appraisal Institute’s Valuation of Sustainable Buildings Professional Development Program. http://www.appraisalinstitute.org/newsadvocacy/news/2013/Latest-Green-Course-from-Appraisal-Institute-022013.aspx http://www.appraisalinstitute.org/newsadvocacy/news/2013/Latest-Green-Course-from-Appraisal-Institute-022013.aspx Fri, 22 Feb 2013 00:00:00 GMT 2013 CHICAGO (Feb. 12, 2013) – The Appraisal Institute, the nation’s largest professional association of real estate appraisers, published guidance today to help appraisers understand exposure time and how to incorporate its analysis into an appraisal. http://www.appraisalinstitute.org/newsadvocacy/news/2013/new-guidance-helps-real-estate-appraisers-analyze-exposure-time-02122013.aspx http://www.appraisalinstitute.org/newsadvocacy/news/2013/new-guidance-helps-real-estate-appraisers-analyze-exposure-time-02122013.aspx Wed, 13 Feb 2013 00:00:00 GMT 2013 CHICAGO (Jan. 30, 2013) – The Appraisal Institute, the nation’s largest professional association of real estate appraisers, today cautioned homeowners and potential homebuyers that bad neighbors can significantly reduce nearby property values. http://www.appraisalinstitute.org/newsadvocacy/news/2013/Bad-Neighbors-Can-Reduce-Property-Values-01302013.aspx http://www.appraisalinstitute.org/newsadvocacy/news/2013/Bad-Neighbors-Can-Reduce-Property-Values-01302013.aspx Thu, 31 Jan 2013 00:00:00 GMT 2013 CHICAGO (Dec. 26, 2012) - Richard L. (Rick) Borges II, MAI, SRA, of Greenwood, Ind., will begin his one-year term as president of the Appraisal Institute on Jan. 1. The Appraisal Institute is the nation’s largest organization of real estate appraisers with nearly 23,000 members in nearly 60 countries. http://www.appraisalinstitute.org/newsadvocacy/news/2012/2013-AI-Officers-Assume-Leadership-Roles-12-26-12.aspx http://www.appraisalinstitute.org/newsadvocacy/news/2012/2013-AI-Officers-Assume-Leadership-Roles-12-26-12.aspx Thu, 27 Dec 2012 00:00:00 GMT 2012 CHICAGO (Nov. 20, 2012) – Residential properties with accessory dwelling units — such as in-law apartments or coach houses — may have higher value potential if the properties are valued for investment income using the income capitalization approach, according to an article published this week in The Appraisal Journal. http://www.appraisalinstitute.org/newsadvocacy/news/2012/Accessory-Dwelling-Units-May-Have-Higher-Values-11-16-12.aspx http://www.appraisalinstitute.org/newsadvocacy/news/2012/Accessory-Dwelling-Units-May-Have-Higher-Values-11-16-12.aspx Wed, 21 Nov 2012 00:00:00 GMT 2012 CHICAGO (Nov. 14, 2012) – The nation’s largest professional association of real estate appraisers published guidance today to help appraisers learn what evaluations are, when they are used and who can prepare them. http://www.appraisalinstitute.org/newsadvocacy/news/2012/ai-helps-appraisers-perform-evaluations-lenders-11-14-2012.aspx http://www.appraisalinstitute.org/newsadvocacy/news/2012/ai-helps-appraisers-perform-evaluations-lenders-11-14-2012.aspx Thu, 15 Nov 2012 00:00:00 GMT 2012 CHICAGO (Oct. 29, 2012) – Self storage has proven to be resistant to recession due to its lower declines and default ratios as compared to other types of real estate, according to a new book by the nation’s largest professional association of real estate appraisers. http://www.appraisalinstitute.org/newsadvocacy/news/2012/Self-Storage-Resists-Recession-102912.aspx http://www.appraisalinstitute.org/newsadvocacy/news/2012/Self-Storage-Resists-Recession-102912.aspx Tue, 30 Oct 2012 00:00:00 GMT 2012 CHICAGO (Oct. 24, 2012) – The Appraisal Institute, the nation’s largest professional association of real estate appraisers, today urged homeowners to consider winterizing their properties to potentially lower energy costs, increase comfort in cold months and possibly improve resale value. http://www.appraisalinstitute.org/newsadvocacy/news/2012/Plan-Now-for-Home-Winterization-10-24-12.aspx http://www.appraisalinstitute.org/newsadvocacy/news/2012/Plan-Now-for-Home-Winterization-10-24-12.aspx Thu, 25 Oct 2012 00:00:00 GMT 2012 CHICAGO (Oct. 9, 2012) – The nation’s largest professional association of real estate appraisers today announced it has signed a memorandum of understanding with the state of Colorado to promote a wide use of tools to document home energy features. The groups also will jointly develop valuation studies. http://www.appraisalinstitute.org/newsadvocacy/news/2012/State-of-colorado-green-homes-10-9-2012.aspx http://www.appraisalinstitute.org/newsadvocacy/news/2012/State-of-colorado-green-homes-10-9-2012.aspx Wed, 10 Oct 2012 00:00:00 GMT 2012 CHICAGO (Aug. 28, 2012) – Preparation is key to successfully providing real estate valuation testimony in a courtroom, according to an article published this week in The Appraisal Journal. “Litigation Lessons: A Practical Guide to Expert Testimony,” by David C. Lennhoff, MAI, SRA, and James P. Downey, J.D., provides perspectives and advice on good practices for appraisers serving as expert witnesses in litigation. http://www.appraisalinstitute.org/newsadvocacy/news/2012/taj-summer-release-8-28-12.aspx http://www.appraisalinstitute.org/newsadvocacy/news/2012/taj-summer-release-8-28-12.aspx Wed, 29 Aug 2012 00:00:00 GMT 2012 CHICAGO (July 31, 2012) – With the world population estimated to have re¬cently passed 7 billion, the global freshwater market will be a “seller’s market” for the foreseeable future, according to a new book by the nation’s largest professional association of real estate appraisers. http://www.appraisalinstitute.org/newsadvocacy/news/2012/water-rights-07-31-2012.aspx http://www.appraisalinstitute.org/newsadvocacy/news/2012/water-rights-07-31-2012.aspx Wed, 01 Aug 2012 00:00:00 GMT 2012 CHICAGO (July 10, 2012) – A global perspective is critical when valuing hotels in the five major regions of the world, according to a new book by the nation’s largest professional association of real estate appraisers. http://www.appraisalinstitute.org/newsadvocacy/news/2012/Global-Perspective-Key-to-Valuing-Hotels-2012.aspx http://www.appraisalinstitute.org/newsadvocacy/news/2012/Global-Perspective-Key-to-Valuing-Hotels-2012.aspx Wed, 11 Jul 2012 00:00:00 GMT 2012 CHICAGO (June 28, 2012) – Warning that a “new and excessive” form of regulation is about to be enacted without Congressional authorization, the nation’s largest professional association of real estate appraisers told lawmakers today that such a scheme could damage the valuation profession. http://www.appraisalinstitute.org/newsadvocacy/news/2012/new-form-of-regulation-is-dangerous-2012.aspx http://www.appraisalinstitute.org/newsadvocacy/news/2012/new-form-of-regulation-is-dangerous-2012.aspx Fri, 29 Jun 2012 00:00:00 GMT 2012 CHICAGO (June 14, 2012) – The nation’s largest professional association of real estate appraisers published guidance June 4 to help appraisers analyze market trends. The Appraisal Institute’s “Guide Note 12: Analyzing Market Trends” addresses to what extent appraisers are responsible for recognizing changes in market conditions, and what steps appraisers must take to ensure due diligence is done regarding the analysis of market trends. http://www.appraisalinstitute.org/newsadvocacy/news/2012/ai-helps-appraisers-analyze-real-estate-market-trends-2012.aspx http://www.appraisalinstitute.org/newsadvocacy/news/2012/ai-helps-appraisers-analyze-real-estate-market-trends-2012.aspx Fri, 15 Jun 2012 00:00:00 GMT 2012 CHICAGO (June 7, 2012) – Characteristics of purchasers, not location, is most important in selecting comparable sales, according to an article published this week in The Appraisal Journal. “Market Delineation,” by David A. Braun, MAI, SRA, looks at how to ensure the best comparable sales in a real estate appraisal. Appraisers typically analyze sale prices of comparable properties when they value a property. http://www.appraisalinstitute.org/newsadvocacy/news/2012/article-comparable-sales-060712.aspx http://www.appraisalinstitute.org/newsadvocacy/news/2012/article-comparable-sales-060712.aspx Fri, 08 Jun 2012 00:00:00 GMT 2012 CHICAGO (May 17, 2012) – Litigation valuation is a fascinating discipline that offers qualified real estate appraisers a wide range of opportunities, according to a new book by the nation’s largest professional association of real estate appraisers. http://www.appraisalinstitute.org/newsadvocacy/news/2012/book-litigation-valuation-051712.aspx http://www.appraisalinstitute.org/newsadvocacy/news/2012/book-litigation-valuation-051712.aspx Fri, 18 May 2012 00:00:00 GMT 2012 CHICAGO (May 8, 2012) – Billing analysis, identification of equipment and components, and examination of results from engineering simulations are among the methods appraisers should use to assess energy cost and energy performance in buildings, according to a guide issued today by the Appraisal Institute and the Institute for Market Transformation. http://www.appraisalinstitute.org/newsadvocacy/news/2012/ai-imt-050812.aspx http://www.appraisalinstitute.org/newsadvocacy/news/2012/ai-imt-050812.aspx Wed, 09 May 2012 00:00:00 GMT 2012 CHICAGO (April 24, 2012) – Responding to a new study indicating that mortgage fraud in the United States increased 20 percent from the third quarter of 2010 to the third quarter of 2011, the nation’s largest professional association of real estate appraisers today encouraged lenders and consumers to work with valuation professionals who hold competence and ethics in the highest regard. http://www.appraisalinstitute.org/newsadvocacy/news/2012/mortgage-fraud-042412.aspx http://www.appraisalinstitute.org/newsadvocacy/news/2012/mortgage-fraud-042412.aspx Wed, 25 Apr 2012 00:00:00 GMT 2012 CHICAGO (March 20, 2012) – Transmission lines are more likely to have a negative impact on sales when a property has a residential use or small lot size, or when similar properties without transmission lines are available in the market, according to an article published this week in The Appraisal Journal. http://www.appraisalinstitute.org/newsadvocacy/news/2012/power-lines-impact-on-sales_032012.aspx http://www.appraisalinstitute.org/newsadvocacy/news/2012/power-lines-impact-on-sales_032012.aspx Wed, 21 Mar 2012 00:00:00 GMT 2012 CHICAGO (March 14, 2012) – Speaking at a hearing in Washington, D.C., the Appraisal Institute today urged a federal judicial agency to require the use of real estate appraisals when calculating loss in mortgage fraud cases. The Appraisal Institute is the nation’s largest professional association of real estate appraisers. http://www.appraisalinstitute.org/newsadvocacy/news/2012/ai-advises-us-sent-comm_031412.aspx http://www.appraisalinstitute.org/newsadvocacy/news/2012/ai-advises-us-sent-comm_031412.aspx Thu, 15 Mar 2012 00:00:00 GMT 2012 CHICAGO (Jan. 31, 2012) – The Appraisal Institute, the nation’s largest professional association of real estate appraisers, today announced its support for a new tool that will assist appraisers and others seeking to establish the value of a property’s solar-powered features. The spreadsheet was developed by Solar Power Electric and Sandia National Laboratories. http://www.appraisalinstitute.org/newsadvocacy/news/2012/solar-valuation-form_013112.aspx http://www.appraisalinstitute.org/newsadvocacy/news/2012/solar-valuation-form_013112.aspx Wed, 01 Feb 2012 00:00:00 GMT 2012 CHICAGO (Jan. 24, 2012) — Convenience stores represent a complex and fascinating retail channel that has responded to the economic challenges of the last decade by embracing new ideas, according to a new book by the nation’s largest professional association of real estate appraisers. http://www.appraisalinstitute.org/newsadvocacy/news/2012/book-helps-value-convenience-stores.aspx http://www.appraisalinstitute.org/newsadvocacy/news/2012/book-helps-value-convenience-stores.aspx Wed, 25 Jan 2012 00:00:00 GMT 2012 CHICAGO (Jan. 19, 2012) — The nation’s largest professional association of real estate appraisers published guidance today to help appraisers know when and how to use distressed sales, such as foreclosures, as comparable sales. Such knowledge is particularly crucial in the current market where distressed sales are common, creating complex valuation challenges. http://www.appraisalinstitute.org/newsadvocacy/news/2012/comp-sales-declining-markets_011912.aspx http://www.appraisalinstitute.org/newsadvocacy/news/2012/comp-sales-declining-markets_011912.aspx Fri, 20 Jan 2012 00:00:00 GMT 2012 CHICAGO (Jan. 17, 2012) — Don’t blame the real estate appraiser if it turns out that house you’re trying to sell or buy isn’t worth what you thought it was. That was the message today from the Appraisal Institute, the nation’s largest professional association of real estate appraisers. http://www.appraisalinstitute.org/newsadvocacy/news/2012/dont-shoot-messenger-low-values-011212.aspx http://www.appraisalinstitute.org/newsadvocacy/news/2012/dont-shoot-messenger-low-values-011212.aspx Wed, 18 Jan 2012 00:00:00 GMT 2012 CHICAGO (Dec. 27, 2011) – Sara W. Stephens, MAI, of Little Rock, Ark., will begin her one-year term as president of the Appraisal Institute on Jan. 1. The Appraisal Institute is the nation’s largest organization of real estate appraisers with more than 24,000 members in nearly 60 countries. http://www.appraisalinstitute.org/newsadvocacy/news/2011/122711_president.aspx http://www.appraisalinstitute.org/newsadvocacy/news/2011/122711_president.aspx Wed, 28 Dec 2011 00:00:00 GMT 2011 CHICAGO (Dec. 14, 2011) — The appraisal process can cause delays in a property’s development or sale, according to an article published this week in The Appraisal Journal, reinforcing the need to have appraisers with local market knowledge provide reliable opinions of value – especially in the current market. http://www.appraisalinstitute.org/newsadvocacy/news/2011/121411_taj_article.aspx http://www.appraisalinstitute.org/newsadvocacy/news/2011/121411_taj_article.aspx Thu, 15 Dec 2011 00:00:00 GMT 2011 CHICAGO (Nov. 16, 2011) – Saying that consumers deserve to know what they’re paying for, the nation’s largest professional association of real estate appraisers today called on the federal Consumer Financial Protection Bureau to require more transparency on home buyers’ forms. http://www.appraisalinstitute.org/newsadvocacy/news/2011/111611_cfpb.aspx http://www.appraisalinstitute.org/newsadvocacy/news/2011/111611_cfpb.aspx Thu, 17 Nov 2011 00:00:00 GMT 2011 CHICAGO (Oct. 25, 2011) – A report released today, sponsored in part by the Appraisal Institute, outlines ways to finance $150 billion per year in energy efficiency projects that yield double-digit financial returns. The Appraisal Institute is the nation’s largest professional association of real estate appraisers. http://www.appraisalinstitute.org/newsadvocacy/news/2011/102511_energy_efficiency_jobs.aspx http://www.appraisalinstitute.org/newsadvocacy/news/2011/102511_energy_efficiency_jobs.aspx Wed, 26 Oct 2011 00:00:00 GMT 2011 CHICAGO (Oct. 20, 2011) – Citing its benefits for consumers, the nation’s largest professional association of real estate appraisers announced support Wednesday for recently introduced federal legislation that would improve the mortgage underwriting process by ensuring energy costs are included. http://appraisalinstitute.org/newsadvocacy/news/2011/102011_AI_support_green_re_bill.aspx http://appraisalinstitute.org/newsadvocacy/news/2011/102011_AI_support_green_re_bill.aspx Fri, 21 Oct 2011 00:00:00 GMT 2011 CHICAGO (Oct. 19, 2011) – A news conference announcing introduction of the Sensible Accounting to Value Energy Act of 2011, sponsored by Sens. Michael Bennet, D-Colo., and Johnny Isakson, R-Ga. will take place today at 2pm (Wed., Oct. 19) in Green Building Council, Room S-115, U.S. Capitol building. Attendees include Appraisal Institute Immediate Past President Leslie Sellers, MAI, SRA, and members of Leading Builders of America, National Resources Defense Council, U.S. Chamber of Commerce U.S. http://www.appraisalinstitute.org/newsadvocacy/advisories/media_advisorySAVEAct101911.pdf http://www.appraisalinstitute.org/newsadvocacy/advisories/media_advisorySAVEAct101911.pdf Thu, 20 Oct 2011 00:00:00 GMT 2011 CHICAGO (Oct. 12, 2011) – Real estate appraisers who are able to detect fraud can avoid inaccurate information that could compromise the valuation analysis, according to a new book from the nation’s largest professional association of real estate appraisers. http://www.appraisalinstitute.org/newsadvocacy/news/2011/101211_AI_bookRelease.aspx http://www.appraisalinstitute.org/newsadvocacy/news/2011/101211_AI_bookRelease.aspx Thu, 13 Oct 2011 00:00:00 GMT 2011 CHICAGO (Sept. 29, 2011) — The nation’s largest professional association of real estate appraisers today released a form intended to help analyze values of energy-efficient home features. It is the first of its kind intended for appraisers’ use. http://www.appraisalinstitute.org/newsadvocacy/news/2011/09292011_green_features.aspx http://www.appraisalinstitute.org/newsadvocacy/news/2011/09292011_green_features.aspx Fri, 30 Sep 2011 00:00:00 GMT 2011 CHICAGO (Aug. 31, 2011) — Real estate appraisers must consider the impact of local governments’ comprehensive plans when producing appraisals, according to an article published this week in The Appraisal Journal’s Summer issue. http://www.appraisalinstitute.org/newsadvocacy/news/2011/083111_AI_govt_valuation_taj.aspx http://www.appraisalinstitute.org/newsadvocacy/news/2011/083111_AI_govt_valuation_taj.aspx Thu, 01 Sep 2011 00:00:00 GMT 2011 CHICAGO (Aug. 19, 2011) – Ken P. Wilson, MAI, SRA, of Plano, Texas, was elected Thursday as 2012 vice president of the Appraisal Institute, the nation’s largest professional organization of real estate appraisers. http://www.appraisalinstitute.org/newsadvocacy/news/2011/081911_AI_VP.aspx http://www.appraisalinstitute.org/newsadvocacy/news/2011/081911_AI_VP.aspx Sat, 20 Aug 2011 00:00:00 GMT 2011 CHICAGO (Aug.18, 2010) – Three members received the Lifetime Achievement Award and another received the Outstanding Service Award during the Appraisal Institute’s annual meeting Wednesday in Las Vegas. Another three members received the President’s Award. http://www.appraisalinstitute.org/newsadvocacy/news/2011/081811_AI_awards_national.aspx http://www.appraisalinstitute.org/newsadvocacy/news/2011/081811_AI_awards_national.aspx Fri, 19 Aug 2011 00:00:00 GMT 2011 CHICAGO (July 14, 2011) – Testifying before a Congressional subcommittee, the Appraisal Institute’s president-elect on Wednesday told lawmakers their intent was “right on target” and asked them to “guide the regulators’ aim” in implementing consumer-friendly real estate appraisal guidelines. http://www.appraisalinstitute.org/newsadvocacy/news/2011/071411_congress_testimony.aspx http://www.appraisalinstitute.org/newsadvocacy/news/2011/071411_congress_testimony.aspx Fri, 15 Jul 2011 00:00:00 GMT 2011 CHICAGO (July 12, 2011) – Addressing a sometimes controversial topic, the Appraisal Institute’s newest book is intended to assist real estate appraisers in valuing real property with a business component. http://www.appraisalinstitute.org/newsadvocacy/news/2011/071211_AIbookRelease.aspx http://www.appraisalinstitute.org/newsadvocacy/news/2011/071211_AIbookRelease.aspx Wed, 13 Jul 2011 00:00:00 GMT 2011 CHICAGO (June 1, 2011) – Barrett A. Slade, Ph.D., MAI, of Provo, Utah, and C. F. Sirmans, Ph.D., of Tallahassee, Fla., are the winners of the 2010 Richard U. Ratcliff Award for their article, “Office Property DCF Assumptions: Lessons from Two Decades of Investor Surveys,” published in the Summer 2010 issue of The Appraisal Journal. http://www.appraisalinstitute.org/newsadvocacy/news/2011/06011_taj_ratcliff_award.aspx http://www.appraisalinstitute.org/newsadvocacy/news/2011/06011_taj_ratcliff_award.aspx Thu, 02 Jun 2011 00:00:00 GMT 2011 CHICAGO (June 1, 2011) – Kenneth N. Alford, MAI, and David C. Wellsandt of Omaha, Neb., are the winners of the 2010 Swango Award for their article, “Appraising Low-Income Housing Tax Credit Real Estate,” published in the Fall 2010 issue of The Appraisal Journal. http://www.appraisalinstitute.org/newsadvocacy/news/2011/06011_taj_swango_award.aspx http://www.appraisalinstitute.org/newsadvocacy/news/2011/06011_taj_swango_award.aspx Thu, 02 Jun 2011 00:00:00 GMT 2011 CHICAGO (May 19, 2011) – To appropriately value potential wetlands, real estate appraisers must explicitly take into consideration the market for mitigation credits, according to an article published this week in The Appraisal Journal’s Spring issue. http://www.appraisalinstitute.org/newsadvocacy/news/2011/Mitigation_Credits_Wetlands.aspx http://www.appraisalinstitute.org/newsadvocacy/news/2011/Mitigation_Credits_Wetlands.aspx Fri, 20 May 2011 00:00:00 GMT 2011 CHICAGO (May 12, 2011) – The Appraisal Institute today cautioned real estate appraisers about signing agreements imposed by some appraisal management companies that seek to hold residential appraisers responsible for AMCs’ actions. Its president warned that consumers could be the ultimate losers. http://www.appraisalinstitute.org/newsadvocacy/news/2011/051211_AI_indemnification.aspx http://www.appraisalinstitute.org/newsadvocacy/news/2011/051211_AI_indemnification.aspx Fri, 13 May 2011 00:00:00 GMT 2011 In times of heightened appraiser accountability, internal quality control is essential for a successful appraisal business. Learn how to listen to clients, meet their needs, and implement effective quality control review processes to set yourself apart from the competition and succeed. http://www.appraisalinstitute.org/newsadvocacy/news/2011/042811_AIbookRelease.aspx http://www.appraisalinstitute.org/newsadvocacy/news/2011/042811_AIbookRelease.aspx Fri, 29 Apr 2011 00:00:00 GMT 2011 CHICAGO (April 19, 2011) – In celebration of Earth Day, the Appraisal Institute today called on the world’s real estate community to join in helping ensure reliable valuations for sustainable “green” buildings. The Appraisal Institute is the nation’s largest professional association of real estate appraisers and has members in 60 countries. http://www.appraisalinstitute.org/newsadvocacy/news/2011/032411_AIEarthDay.aspx http://www.appraisalinstitute.org/newsadvocacy/news/2011/032411_AIEarthDay.aspx Wed, 20 Apr 2011 00:00:00 GMT 2011 CHICAGO (March 28, 2011) – Responding to the recent loss of life and property destruction in Japan, the United States’ largest professional association of real estate appraisers today announced it has made a charitable contribution to the American Red Cross’ relief efforts. http://www.appraisalinstitute.org/newsadvocacy/news/2011/032811_AIContributestoTsunamiRelief.aspx http://www.appraisalinstitute.org/newsadvocacy/news/2011/032811_AIContributestoTsunamiRelief.aspx Tue, 29 Mar 2011 00:00:00 GMT 2011 CHICAGO (Feb. 28, 2011) – Changes to Federal Emergency Management Agency flood zone maps may cause economic damages to property owners, and governments may need to pay them substantial compensation, according to an article published this week in The Appraisal Journal’s Winter issue. The Appraisal Journal is the quarterly technical and academic publication of the Appraisal Institute, the nation’s largest professional association of real estate appraisers. The materials presented in the publication represent the opinions and views of the authors and not necessarily those of the Appraisal Institute. http://www.appraisalinstitute.org/newsadvocacy/news/2011/022811_WinterTAJ.aspx http://www.appraisalinstitute.org/newsadvocacy/news/2011/022811_WinterTAJ.aspx Tue, 01 Mar 2011 00:00:00 GMT 2011 CHICAGO (Feb. 22, 2011) – A landmark book published this week by the Appraisal Institute demonstrates valuation methodologies for controversial easement-related appraisal assignments. The Appraisal Institute is the nation’s largest professional association of real estate appraisers. "Appraising Conservation and Historic Preservation Easements" addresses an area of valuation that has become contentious in recent years due to increased Internal Revenue Service scrutiny of valuations of conservation and historic preservation easements that are donated to charity. http://www.appraisalinstitute.org/newsadvocacy/news/2011/022211_ConsEasements.aspx http://www.appraisalinstitute.org/newsadvocacy/news/2011/022211_ConsEasements.aspx Wed, 23 Feb 2011 00:00:00 GMT 2011 intricacies of valuing high-performance residential and commercial buildings. The Appraisal Institute is the nation's largest professional association of real estate appraisers. "There is a tremendous need for this type of education within the real estate sector," said Appraisal Institute President Joseph C. Magdziarz, MAI, SRA. http://www.appraisalinstitute.org/newsadvocacy/news/2011/012411_GreenValuation.aspx http://www.appraisalinstitute.org/newsadvocacy/news/2011/012411_GreenValuation.aspx Tue, 25 Jan 2011 00:00:00 GMT 2011 CHICAGO (Jan. 12, 2011) – The Appraisal Institute today released helpful tips for consumers, providing guidance for homeowners and buyers seeking to ensure their sales are completed in a timely manner. As the nation’s largest professional association of real estate appraisers, the Appraisal Institute created the helpful tips to let consumers know how to protect themselves and how to avoid unnecessary frustration when selling or buying a home. The document is available at: http://www.appraisalinstitute.org/newsadvocacy/downloads/AIhelpfultipsforconsumers.pdf. http://www.appraisalinstitute.org/newsadvocacy/news/2011/011211_AppraisalTips.aspx http://www.appraisalinstitute.org/newsadvocacy/news/2011/011211_AppraisalTips.aspx Thu, 13 Jan 2011 00:00:00 GMT 2011 CHICAGO (Jan. 5, 2011) – The nation's largest real estate appraisal organizations called on the Federal Reserve last week to require appraisal management companies to disclose their fees to consumers as the Fed implements landmark appraisal regulatory reforms passed by Congress. http://www.appraisalinstitute.org/newsadvocacy/news/2011/010511_MortgageForms.aspx http://www.appraisalinstitute.org/newsadvocacy/news/2011/010511_MortgageForms.aspx Thu, 06 Jan 2011 00:00:00 GMT 2011 CHICAGO (Dec. 15, 2010) – The nation’s largest professional association of real estate appraisers today recommended revisions to proposed lease accounting standards, urging the Financial Accounting Standards Board to prepare a separate investment property standard comparable to its international counterpart. http://www.appraisalinstitute.org/newsadvocacy/news/2010/121510_AI_FASB.aspx http://www.appraisalinstitute.org/newsadvocacy/news/2010/121510_AI_FASB.aspx Thu, 16 Dec 2010 00:00:00 GMT 2010 CHICAGO (Dec. 13, 2010) – Cross-border investing for growth and portfolio diversification has taken the business world by storm, according to a one-of-a-kind book published this week by the Appraisal Institute, the nation’s largest professional association of real estate appraisers. "Real Estate Valuation in Global Markets," second edition, describes appraisal practice in 47 countries with comprehensive, on-the-ground information from local experts. Edited by Howard C. Gelbtuch, MAI, with Eunice Park, the book addresses how global changes can affect the appraisal business and outlines the opportunities that await international valuers. http://www.appraisalinstitute.org/newsadvocacy/news/2010/121310_GlobalMarkets.aspx http://www.appraisalinstitute.org/newsadvocacy/news/2010/121310_GlobalMarkets.aspx Tue, 14 Dec 2010 00:00:00 GMT 2010 CHICAGO (Nov. 22, 2010) – Residential lots with a view sell at higher prices even when they are not overlooking water or a golf course, according to the cover article in The Appraisal Journal’s Fall issue, published this week. The Appraisal Journal is the quarterly technical and academic publication of the Appraisal Institute, the nation’s largest professional association of real estate appraisers. The materials presented in the publication represent the opinions and views of the authors and not necessarily those of the Appraisal Institute. http://www.appraisalinstitute.org/newsadvocacy/news/2010/112210_TAJ_release.aspx http://www.appraisalinstitute.org/newsadvocacy/news/2010/112210_TAJ_release.aspx Tue, 23 Nov 2010 00:00:00 GMT 2010 CHICAGO (Oct. 19, 2010) – Valuation experts Bill Pittenger, MAI, SRA, SREA, SRPA, and Norm Miller, Ph.D., will be the keynote speakers Nov. 2-4 when hundreds of real estate appraisers from North and South America gather at the XXV Union of PanAmerican Valuers Congress in Miami Beach, Fla. The XXV UPAV Congress (http://www.appraisalinstitute.org/membership/upav.aspx) is being hosted by the Appraisal Institute, the largest U.S. professional association of real estate appraisers. This year’s Congress will mark just the third time it has been held in the United States. UPAV is an organization of 18 appraisal associations located throughout the Western Hemisphere. http://www.appraisalinstitute.org/newsadvocacy/news/2010/101910_UPAV.aspx http://www.appraisalinstitute.org/newsadvocacy/news/2010/101910_UPAV.aspx Wed, 20 Oct 2010 00:00:00 GMT 2010 CHICAGO (Sept. 7, 2010) – The decision today by the Appraisal Institute’s Board of Directors to withdraw from The Appraisal Foundation as a sponsor was a difficult but necessary one. As the nation’s largest organization of real estate appraisers, we must preserve our integrity and must act as an independent voice representing the interests of our members, the profession and the public interest before legislative and regulatory bodies. http://www.appraisalinstitute.org/newsadvocacy/news/2010/090710_AI_WithdrawalFromTAF.aspx http://www.appraisalinstitute.org/newsadvocacy/news/2010/090710_AI_WithdrawalFromTAF.aspx Wed, 08 Sep 2010 00:00:00 GMT 2010 CHICAGO (Aug. 30, 2010) – A home buying guide published this week by the Appraisal Institute teaches homebuyers when to buy, how to find a real estate agent, how to choose the best home on the market and more … all from the uniquely unbiased perspective of a real estate appraiser. http://www.appraisalinstitute.org/newsadvocacy/news/2010/083010_HomeBuyersGuide.aspx http://www.appraisalinstitute.org/newsadvocacy/news/2010/083010_HomeBuyersGuide.aspx Tue, 31 Aug 2010 00:00:00 GMT 2010 CHICAGO (Aug. 17, 2010) – Richard L. (Rick) Borges II, MAI, SRA, formerly of Seymour, Ind., was elected Thursday as 2011 vice president of the Appraisal Institute, the nation’s largest professional organization of real estate appraisers. Borges will serve as vice president of the Appraisal Institute beginning Jan. 1, 2011. The following year he will serve as president-elect, and in 2013 will become the Appraisal Institute’s president for one year, followed by a year as immediate past president. He also will serve on the organization’s Executive Committee those four years and will be a member of the Board of Directors during that time as well. http://www.appraisalinstitute.org/newsadvocacy/news/2010/081710_RBorgesElection.aspx http://www.appraisalinstitute.org/newsadvocacy/news/2010/081710_RBorgesElection.aspx Wed, 18 Aug 2010 00:00:00 GMT 2010 CHICAGO (Aug. 10, 2010) – A unique collection of theoretical and practical pieces published this week by the Appraisal Institute describes how innovative technology will define the future of real estate valuation. The Appraisal Institute is the nation’s largest professional organization of real estate appraisers. http://www.appraisalinstitute.org/newsadvocacy/news/2010/081010_GIS_book_release.aspx http://www.appraisalinstitute.org/newsadvocacy/news/2010/081010_GIS_book_release.aspx Wed, 11 Aug 2010 00:00:00 GMT 2010 CHICAGO (Aug. 6, 2010) – Reviews of appraisal reports, an essential quality-control function in the real estate industry and especially so in the wake of the residential and commercial market meltdowns, are the subject of The Appraisal Journal’s Summer issue cover article, published this week. The Appraisal Journal is the quarterly technical and academic publication of the Appraisal Institute, the nation’s largest organization of real estate appraisers. The materials presented in the publication represent the opinions and views of the authors and not necessarily those of the Appraisal Institute. http://www.appraisalinstitute.org/newsadvocacy/news/2010/080610_TAJ_release.aspx http://www.appraisalinstitute.org/newsadvocacy/news/2010/080610_TAJ_release.aspx Sat, 07 Aug 2010 00:00:00 GMT 2010 WHAT Keynote addresses on real estate issues at the Appraisal Institute’s Washington Appraisal Summit WHO Federal Housing Administration Commissioner David Stevens Rep. Paul Kanjorski, D-Pa., leader on appraisal issues in Congress WHEN Stevens: 8 a.m. Monday, July 19 Kanjorski: 12:30 p.m. Monday, July 19 http://www.appraisalinstitute.org/newsadvocacy/news/2010/071610_MediaAdvisory.aspx http://www.appraisalinstitute.org/newsadvocacy/news/2010/071610_MediaAdvisory.aspx Sat, 17 Jul 2010 00:00:00 GMT 2010 CHICAGO (July 15, 2010) – The Appraisal Institute, the nation’s largest professional organization of real estate appraisers, today applauded the U.S. Senate for passing a sweeping financial regulatory reform bill that includes the first modernization of real estate appraisal regulations in more than 20 years. “This bill will mean good news for consumers because they should see more reliable home appraisals,” said Appraisal Institute President Leslie Sellers, MAI, SRA. “It will encourage the use of highly trained and competent real estate appraisers and will provide much-needed resources for oversight and enforcement.” http://www.appraisalinstitute.org/newsadvocacy/news/2010/071510_AI_PraisesSenate.aspx http://www.appraisalinstitute.org/newsadvocacy/news/2010/071510_AI_PraisesSenate.aspx Fri, 16 Jul 2010 00:00:00 GMT 2010 CHICAGO (June 28, 2010) – Real estate appraisal provisions in the final version of the Dodd-Frank Wall Street Reform and Consumer Protection Act, completed by Congress on Friday, should mean more reliable home appraisals for consumers, the Appraisal Institute said today. The Appraisal Institute is the nation’s largest professional organization of real estate appraisers. http://www.appraisalinstitute.org/newsadvocacy/news/2010/062810_FinReformBill.aspx http://www.appraisalinstitute.org/newsadvocacy/news/2010/062810_FinReformBill.aspx Tue, 29 Jun 2010 00:00:00 GMT 2010 CHICAGO (June 2, 2010) – A new book published this month by the Appraisal Institute helps appraisers estimate values for popular “green” home features such as energy-efficient appliances, toxin-free flooring and insulation and vegetated roofs. http://www.appraisalinstitute.org/newsadvocacy/news/2010/060210_IntroGreenHomes.aspx http://www.appraisalinstitute.org/newsadvocacy/news/2010/060210_IntroGreenHomes.aspx Thu, 03 Jun 2010 00:00:00 GMT 2010 CHICAGO (May 20, 2010) – The Federal Housing Finance Agency today said that Fannie Mae and Freddie Mac will deploy a complaint process for violations of the Home Valuation Code of Conduct and will not fund the Independent Valuation Protection Institute called for in HVCC. (See FHFA’s letter: http://www.fhfa.gov/webfiles/15738/HVCCInstitutereleaseletter52010.pdf) http://www.appraisalinstitute.org/newsadvocacy/news/2010/052010_AI_FHFA_IVPI.aspx http://www.appraisalinstitute.org/newsadvocacy/news/2010/052010_AI_FHFA_IVPI.aspx Fri, 21 May 2010 00:00:00 GMT 2010 CHICAGO (May 12, 2010) –Lakefront lots sell at higher premiums than lake view lots, which sell for more than lots with golf course views, according to the first academic study to explicitly model different golf course, lake, mountain and lakefront views. The study appears in the Spring issue of The Appraisal Journal. http://www.appraisalinstitute.org/newsadvocacy/news/2010/051210_TAJ_LakefrontLots.aspx http://www.appraisalinstitute.org/newsadvocacy/news/2010/051210_TAJ_LakefrontLots.aspx Thu, 13 May 2010 00:00:00 GMT 2010 CHICAGO (May 12, 2010) – In order to regain investors’ trust, America must end the “wild west” attitude that has plagued its real estate financing, Appraisal Institute President Leslie Sellers, MAI, SRA, told a Congressional subcommittee today. http://www.appraisalinstitute.org/newsadvocacy/news/2010/051710_CongressionalHearing.aspx http://www.appraisalinstitute.org/newsadvocacy/news/2010/051710_CongressionalHearing.aspx Thu, 13 May 2010 00:00:00 GMT 2010 CHICAGO (May 10, 2010) – Homeowners looking to upgrade or sell their home this spring should realize that not all remodeling and renovation projects will yield a full return on their investment, the president of the Appraisal Institute said today. The Appraisal Institute is the nation’s largest organization of real estate appraisers. http://www.appraisalinstitute.org/newsadvocacy/news/2010/051010_AIHomeImprovement.aspx http://www.appraisalinstitute.org/newsadvocacy/news/2010/051010_AIHomeImprovement.aspx Tue, 11 May 2010 00:00:00 GMT 2010 CHICAGO (April 26, 2010) – A new study indicating that reports of mortgage fraud in the United States increased 7 percent from 2008 to 2009 shows why lenders need to hire competent, ethical appraisers, Appraisal Institute President Leslie Sellers, MAI, SRA, said today. http://www.appraisalinstitute.org/newsadvocacy/news/2010/042610_AI_FraudReport.aspx http://www.appraisalinstitute.org/newsadvocacy/news/2010/042610_AI_FraudReport.aspx Tue, 27 Apr 2010 00:00:00 GMT 2010 CHICAGO (April 21, 2010) – The Appraisal Institute today praised a new resource that will help real estate appraisers provide even more reliable valuations on homes with energy efficient features. The Green Multiple Listing Service Tool Kit (http://www.greenthemls.org) provides guidance on enhancing data in the MLS, which will empower appraisers to make well-supported comparisons, analyses and adjustments. Besides the Appraisal Institute, other organizations that collaborated on the tool kit include the National Association of Realtors, the National Association of Home Builders and the U.S. Green Building Council. http://www.appraisalinstitute.org/newsadvocacy/news/2010/042110_GreenMLStoolkit.aspx http://www.appraisalinstitute.org/newsadvocacy/news/2010/042110_GreenMLStoolkit.aspx Thu, 22 Apr 2010 00:00:00 GMT 2010 CHICAGO (April 14, 2010) – A new book published by the Appraisal Institute provides practical instruction on the appraisal review process and helps promote greater understanding between reviewers and appraisers. The Appraisal Institute is the nation’s largest organization of real estate appraisers. http://www.appraisalinstitute.org/newsadvocacy/news/2010/041410_AppraisalReviewRelease.aspx http://www.appraisalinstitute.org/newsadvocacy/news/2010/041410_AppraisalReviewRelease.aspx Thu, 15 Apr 2010 00:00:00 GMT 2010 CHICAGO (March 9, 2010) – Citing concerns about increased mortgage fraud, four organizations representing more than 35,000 real estate appraisers today voiced their opposition to changes to an Obama administration program that will encourage "short sales" of homes. The coalition was led by the Appraisal Institute, the nation’s largest organization of real estate appraisers. http://www.appraisalinstitute.org/newsadvocacy/news/2010/030910_AIOpposesNewPlan.aspx http://www.appraisalinstitute.org/newsadvocacy/news/2010/030910_AIOpposesNewPlan.aspx Wed, 10 Mar 2010 00:00:00 GMT 2010 CHICAGO (March 1, 2010) – The Appraisal Institute, the nation’s largest organization of real estate appraisers, today announced it has published its first audio book. "Scope of Work" by Stephanie Coleman, MAI, SRA, is intended to help appraisers meet the competency and ethical standards of the profession. The scope of work concept, which is central to the Uniform Standards of Professional Appraisal Standards, gives appraisers the flexibility to meet the needs of their clients. Misuse of the scope of work concept can be disastrous, but an appraiser who knows how to tailor each assignment to the circumstances of the appraisal can enjoy increased security, opportunity and success. http://www.appraisalinstitute.org/newsadvocacy/news/2010/030110_ScopeofWorkAudio.aspx http://www.appraisalinstitute.org/newsadvocacy/news/2010/030110_ScopeofWorkAudio.aspx Tue, 02 Mar 2010 00:00:00 GMT 2010 CHICAGO (March 1, 2010) – Appraisal Institute President Leslie Sellers, MAI, SRA, is currently being featured on Delta Air Lines’ and US Airways’ in-flight talk radio show “The Innovators,” which is expected to reach 10.5 million travelers during March and April. http://www.appraisalinstitute.org/newsadvocacy/news/2010/030110_InFlightNewsRelease.aspx http://www.appraisalinstitute.org/newsadvocacy/news/2010/030110_InFlightNewsRelease.aspx Tue, 02 Mar 2010 00:00:00 GMT 2010 CHICAGO (Feb. 25, 2010) – Estimates of home values from Zillow.com may be no more accurate than homeowners’ estimates of value, according to a new study in The Appraisal Journal’s Winter 2010 issue. The Appraisal Journal is the quarterly technical and academic publication of the Appraisal Institute, the nation’s largest association of real estate appraisers. (The materials presented in the publication represent the opinions and views of the authors.) http://www.appraisalinstitute.org/newsadvocacy/news/2010/022510_TAJ_ZillowsValues.aspx http://www.appraisalinstitute.org/newsadvocacy/news/2010/022510_TAJ_ZillowsValues.aspx Fri, 26 Feb 2010 00:00:00 GMT 2010 CHICAGO (Jan. 11, 2010) – The specialized language of real estate valuation is the focus of a newly published book by the Appraisal Institute, featuring more than 5,000 definitions and terms in addition to seven specialized glossaries. The Appraisal Institute is the nation’s largest organization of real estate appraisers. A state-of-the-art reference work, “The Dictionary of Real Estate Appraisal,” fifth edition, includes an online version for the first time, providing users with electronic access to all the book’s terms and definitions in a convenient, user-friendly format. http://www.appraisalinstitute.org/newsadvocacy/news/2010/011110_AI_NewDictionary.aspx http://www.appraisalinstitute.org/newsadvocacy/news/2010/011110_AI_NewDictionary.aspx Tue, 12 Jan 2010 00:00:00 GMT 2010 WASHINGTON (Jan. 7, 2010) – A coalition representing 35,000 real estate appraisers, led by the Appraisal Institute, today called on the U.S. Department of the Interior to follow its own Inspector General’s direction to hire a chief appraiser. http://www.appraisalinstitute.org/newsadvocacy/news/2010/010710_AI_InspectorGeneralCallsForChiefAppraiser.aspx http://www.appraisalinstitute.org/newsadvocacy/news/2010/010710_AI_InspectorGeneralCallsForChiefAppraiser.aspx Fri, 08 Jan 2010 00:00:00 GMT 2010 CANCUN, Mexico (Nov. 18, 2009) – Leslie P. Sellers, MAI, SRA, of Clinton, Tenn., was sworn in Friday as 2010 president of the Appraisal Institute during the organization’s fourth-quarter Board of Directors meeting in Cancun, Mexico. The Appraisal Institute is the nation’s largest organization of real estate appraisers. http://www.appraisalinstitute.org/newsadvocacy/news/2009/111809_LeslieSellersSwornIn.aspx http://www.appraisalinstitute.org/newsadvocacy/news/2009/111809_LeslieSellersSwornIn.aspx Thu, 19 Nov 2009 00:00:00 GMT 2009 CHICAGO (Nov. 17, 2009) – A historic facade easement decreases the value of a home far beyond the benefits of the related tax deduction, according to a new study in The Appraisal Journal’s fall issue. http://www.appraisalinstitute.org/newsadvocacy/news/2009/111709_TAJ_release.aspx http://www.appraisalinstitute.org/newsadvocacy/news/2009/111709_TAJ_release.aspx Wed, 18 Nov 2009 00:00:00 GMT 2009 WASHINGTON (Oct. 22, 2009) – Calling it "a victory for consumers," the Appraisal Institute praised an amendment passed by a Congressional committee Wednesday that will help prevent improper pressure on real estate appraisers during the mortgage loan process. http://www.appraisalinstitute.org/newsadvocacy/news/2009/102209_AIPraisesAmendment.aspx http://www.appraisalinstitute.org/newsadvocacy/news/2009/102209_AIPraisesAmendment.aspx Fri, 23 Oct 2009 00:00:00 GMT 2009 CHICAGO (Oct. 20, 2009) – A book published this week by the Appraisal Institute provides up-to-date, relevant instructions for completing residential real estate appraisal forms and offers in-depth instructions on providing valuations in the current market. The Appraisal Institute is the nation’s largest organization of real estate appraisers. http://www.appraisalinstitute.org/newsadvocacy/news/2009/102009_NewURARbook.aspx http://www.appraisalinstitute.org/newsadvocacy/news/2009/102009_NewURARbook.aspx Wed, 21 Oct 2009 00:00:00 GMT 2009 WASHINGTON (Oct. 15, 2009) – Responding to recent testimony before the House Small Business Committee, the Appraisal Institute, the nation’s largest organization of real estate appraisers, reminded the Committee’s leaders Wednesday that appraisers are not responsible for so-called low appraisals. http://www.appraisalinstitute.org/newsadvocacy/news/2009/101509_LowAppraisals.aspx http://www.appraisalinstitute.org/newsadvocacy/news/2009/101509_LowAppraisals.aspx Fri, 16 Oct 2009 00:00:00 GMT 2009 CHICAGO (Oct. 14, 2009) – The Appraisal Institute, the nation’s largest organization of real estate appraisers, today applauded a new California law that will provide regulation and oversight of appraisal management companies. http://www.appraisalinstitute.org/newsadvocacy/news/2009/101409_AIapplaudsCA.aspx http://www.appraisalinstitute.org/newsadvocacy/news/2009/101409_AIapplaudsCA.aspx Thu, 15 Oct 2009 00:00:00 GMT 2009 CHICAGO (Sept. 22, 2009) – A newly published textbook by Marvin L. Wolverton, Ph.D., MAI, is the first of its kind: a fundamental, comprehensive guide to performing statistical analyses written specifically for real estate appraisers. http://www.appraisalinstitute.org/about/news/2009/092209_StatsBook.aspx http://www.appraisalinstitute.org/about/news/2009/092209_StatsBook.aspx Wed, 23 Sep 2009 00:00:00 GMT 2009 WASHINGTON (Sept. 21, 2009) – The Appraisal Institute, the nation’s largest organization of real estate appraisers, today celebrated a significant victory for the appraisal profession in the wake of the Federal Housing Administration’s (FHA) announcement that it was reversing a policy that inadvertently capped fees to appraisers. http://www.appraisalinstitute.org/about/news/2009/092109_AIapplaudsFHA.aspx http://www.appraisalinstitute.org/about/news/2009/092109_AIapplaudsFHA.aspx Tue, 22 Sep 2009 00:00:00 GMT 2009 CHICAGO (Aug. 26, 2009) – Sara W. Stephens, MAI, of Little Rock was elected Appraisal Institute vice president Saturday by the organization’s Board of Directors. The Appraisal Institute is the nation’s largest association of real estate appraisers with more than 26,000 members and 91 chapters. http://www.appraisalinstitute.org/about/news/2009/082609_StephensElectedVP.aspx http://www.appraisalinstitute.org/about/news/2009/082609_StephensElectedVP.aspx Thu, 27 Aug 2009 00:00:00 GMT 2009 CHICAGO (Aug. 18, 2009) – In the wake of reports that some real estate appraisers are performing appraisals despite lacking sufficient knowledge of the local market, the Appraisal Institute today chided those who violate the profession’s ethical or professional standards. The Appraisal Institute is the nation’s largest association of real estate appraisers. http://www.appraisalinstitute.org/about/news/2009/081809_GeographicCompetency.aspx http://www.appraisalinstitute.org/about/news/2009/081809_GeographicCompetency.aspx Wed, 19 Aug 2009 00:00:00 GMT 2009 CHICAGO (Aug. 4, 2009) – The Appraisal Institute, the nation’s largest real estate appraisal organization, today announced its support for revisions to the Global Investment Performance Standards, which are standardized, industry-wide ethical principles that provide investment firms with guidance on how to calculate and report results of investments, including real estate. http://www.appraisalinstitute.org/about/news/2009/080409_AISupportsProposedRevisions.aspx http://www.appraisalinstitute.org/about/news/2009/080409_AISupportsProposedRevisions.aspx Wed, 05 Aug 2009 00:00:00 GMT 2009 CHICAGO (July 30, 2009) – A property’s value is not affected when the home is located close to high-voltage transmission lines, or when those power lines are visible from the home, according to an article appearing in The Appraisal Journal’s summer issue. http://www.appraisalinstitute.org/about/news/2009/073009_TAJ.aspx http://www.appraisalinstitute.org/about/news/2009/073009_TAJ.aspx Fri, 31 Jul 2009 00:00:00 GMT 2009 WASHINGTON – The Appraisal Institute, the nation’s largest real estate appraisal organization, today applauded Freddie Mac’s newly revised guidelines for mortgage lenders emphasizing the use of qualified and experienced real estate appraisers. http://www.appraisalinstitute.org/about/news/2009/071309_AIApplaudsFreddieMac.aspx http://www.appraisalinstitute.org/about/news/2009/071309_AIApplaudsFreddieMac.aspx Tue, 14 Jul 2009 00:00:00 GMT 2009 WASHINGTON – The Appraisal Institute, the nation’s largest real estate appraisal association, today led a coalition of four organizations and 35,000 members calling on the U.S. Department of Housing and Urban Development (HUD) to rescind regulations regarding appraisal management companies (AMCs). The coalition also sought new rules on AMCs. http://www.appraisalinstitute.org/about/news/2009/070109_HUDRescindMortgageRegulation.aspx http://www.appraisalinstitute.org/about/news/2009/070109_HUDRescindMortgageRegulation.aspx Thu, 02 Jul 2009 00:00:00 GMT 2009 The following statement may be attributed to the Appraisal Institute's Bill Garber, Director, Government and External Relations. It is in response to today's comment by Lawrence Yun, National Association of Realtors chief economist, that the increase in existing home sales in May "is less than expected because poor appraisals are stalling transactions. Some contracts are falling through from faulty valuations that keep buyers from getting a loan." http://www.appraisalinstitute.org/about/news/2009/062309_NARstatement.aspx http://www.appraisalinstitute.org/about/news/2009/062309_NARstatement.aspx Wed, 24 Jun 2009 00:00:00 GMT 2009 CHICAGO – To assist banks and mortgage lenders with appraisal training, the Appraisal Institute has created a specialized, customizable educational program titled Commercial Appraisal Engagement and Review for Bankers. Participants of the program will learn how real estate appraisals fit into the regulatory scheme for financial institutions. In addition, lenders can work with Appraisal Institute instructors to customize the content and duration of the program based on the needs of their staff. http://www.appraisalinstitute.org/about/news/2009/061609_LenderTraining.aspx http://www.appraisalinstitute.org/about/news/2009/061609_LenderTraining.aspx Wed, 17 Jun 2009 00:00:00 GMT 2009 CHICAGO – The Appraisal Institute is proud to announce the release of its newest publication, The Appraisal of Nursing Facilities. In this comprehensive text, healthcare property valuation expert James K. Tellatin, MAI, explores long-term care facilities from both physical and economic perspectives, providing the insider information appraisal professionals need to take advantage of valuation opportunities in the growing senior housing industry. http://www.appraisalinstitute.org/about/news/2009/060809_AI_Nursing_Facilities.aspx http://www.appraisalinstitute.org/about/news/2009/060809_AI_Nursing_Facilities.aspx Tue, 09 Jun 2009 00:00:00 GMT 2009 ROME, ITALY – Addressing the need for transparency and accountability in the worldwide valuation profession, the president of the nation’s largest appraisal organization, the Appraisal Institute, called for uniform valuation standards to advance professionalism at a gathering of the United Nations Economic Commission for Europe (UNECE), meeting in Rome, Italy. http://www.appraisalinstitute.org/about/news/2009/060809_AI_UnitedNations.aspx http://www.appraisalinstitute.org/about/news/2009/060809_AI_UnitedNations.aspx Tue, 09 Jun 2009 00:00:00 GMT 2009 WASHINGTON D.C. – The Appraisal Institute, the nation’s largest organization of professional real estate appraisers, is applauding the U.S. House of Representatives for voting to adopt H.R. 1728, the Mortgage Reform and Anti-Predatory Lending Act of 2009, a bill that would eliminate a number of regulatory loopholes in the mortgage lending system and strengthen the appraisal regulatory structure. Having passed the House by a 300-114 vote, the bill will now be referred to the U.S. Senate Banking Committee where the timetable for its consideration has not yet been determined. http://www.appraisalinstitute.org/about/news/2009/05_11_08_mortgagereformpasses.aspx http://www.appraisalinstitute.org/about/news/2009/05_11_08_mortgagereformpasses.aspx Tue, 12 May 2009 00:00:00 GMT 2009 WASHINGTON D.C. – The Appraisal Institute, the nation’s largest organization of professional real estate appraisers, is urging Congressional representatives to pass H.R. 1728, the Mortgage Reform and Anti-Predatory Lending Act of 2009, a bill that would eliminate a number of regulatory loopholes in the mortgage lending system and strengthen the appraisal regulatory structure. Currently, the bill is being considered by the House Financial Services Committee, where the markup is expected to last until Thursday. http://www.appraisalinstitute.org/about/news/2009/04_29_09_mortgagereform.aspx http://www.appraisalinstitute.org/about/news/2009/04_29_09_mortgagereform.aspx Thu, 30 Apr 2009 00:00:00 GMT 2009 WASHINGTON D.C. – In testimony before Congress today, the Appraisal Institute told lawmakers that mortgage reform legislation is needed and called for a “back to basics” approach to mortgage lending. President Jim Amorin, MAI, SRA voiced support for the recently introduced H.R. 1728, the Mortgage Reform and Anti-Predatory Lending Act of 2009. The bill, introduced in March by Representatives Brad Miller (D-N.C.) and Mel Watt (D-N.C.), is aimed at curbing predatory lending, which has been a major factor in the highest home foreclosure rate in the United States in 25 years. The bill also will strengthen the appraisal regulatory structure and oversight by the Appraisal Subcommittee. http://www.appraisalinstitute.org/about/news/2009/04_23_09_AItestimony.aspx http://www.appraisalinstitute.org/about/news/2009/04_23_09_AItestimony.aspx Fri, 24 Apr 2009 00:00:00 GMT 2009 WASHINGTON D.C. – In response to Utah Governor Jon Huntsman, Jr. signing House Bill 152 – the Appraisal Management Company Registration and Regulation Act – into law last week, the nation’s four largest appraisal organizations have written to the Utah governor to thank and applaud him for his actions. By signing H.B. 152 into law, Utah became the first state in the nation to enact requirements that appraisal management companies (AMCs) be registered with, and regulated by, a state agency. http://www.appraisalinstitute.org/about/news/2009/04_01_09_Utahgovernor.aspx http://www.appraisalinstitute.org/about/news/2009/04_01_09_Utahgovernor.aspx Thu, 02 Apr 2009 00:00:00 GMT 2009 CANNES, FRANCE – The United State’s largest organization of professional appraisers has entered into a Memorandum of Understanding with two of the premiere Italian appraisal and economic development groups in a mutual effort to harmonize international valuation standards. The Appraisal Institute, the Istituto Italiano di Valutazione Immobiliare (IsIVI) and OSMI-Borsa Immobiliare di Milano jointly signed the cooperative agreement earlier this month during the MIPIM Congress held in Cannes, France. http://www.appraisalinstitute.org/about/news/2009/03_25_09_agreement.aspx http://www.appraisalinstitute.org/about/news/2009/03_25_09_agreement.aspx Thu, 26 Mar 2009 00:00:00 GMT 2009 WASHINGTON, D.C. – The Appraisal Institute recently hosted its first-ever Collateral Matters Congress, an industry-wide event dedicated to improving the overall quality of collateral valuation practices in residential mortgage lending. The historic event, held March 8-10 at the Park Hyatt in Washington, D.C., brought together nearly 90 real estate industry leaders and regulatory officials to discuss and brainstorm on solutions to a variety of problems in the residential mortgage lending process. http://www.appraisalinstitute.org/about/news/2009/03_16_09_cmc.aspx http://www.appraisalinstitute.org/about/news/2009/03_16_09_cmc.aspx Tue, 17 Mar 2009 00:00:00 GMT 2009 WASHINGTON D.C. – In testifying before Congress today, the Appraisal Institute told lawmakers that mortgage reform legislation is needed to address structural weaknesses in mortgage industry regulation. Calling current regulatory oversight "feeble," the Appraisal Institute called upon Congress to provide state and federal appraisal oversight agencies with greater enforcement power, the lack of which has contributed significantly to mortgage fraud. http://www.appraisalinstitute.org/about/news/2009/03_11_09_HFSCtestimony.aspx http://www.appraisalinstitute.org/about/news/2009/03_11_09_HFSCtestimony.aspx Thu, 12 Mar 2009 00:00:00 GMT 2009 CHICAGO – The Appraisal Institute is pleased to announce that in 2008 the organization welcomed more new members than in any year since the former American Institute of Real Estate Appraisers and the Society of Real Estate Appraisers merged to form the Appraisal Institute in 1991. The 4,000 new members who joined the Appraisal Institute last year brings the organization’s membership total to more than 25,000 members, the most since 1995. http://www.appraisalinstitute.org/about/news/2009/03_09_09_recruitment.aspx http://www.appraisalinstitute.org/about/news/2009/03_09_09_recruitment.aspx Tue, 10 Mar 2009 00:00:00 GMT 2009 WASHINGTON D.C. – The nation’s four largest organizations of professional real estate appraisers—the Appraisal Institute, American Society of Appraisers, American Society of Farm Managers and Rural Appraisers, and National Association of Independent Fee Appraisers—delivered the second of two letters to Treasury Secretary Timothy Geithner urging the Administration to protect homeowners and taxpayers by requiring that the market values of homes under President’s Obama’s Homeowners Stability Program be determined by professional appraisers who are state certified and licensed. http://www.appraisalinstitute.org/about/news/2009/02_23_09_homeowner.aspx http://www.appraisalinstitute.org/about/news/2009/02_23_09_homeowner.aspx Tue, 24 Feb 2009 00:00:00 GMT 2009 CHICAGO – The Appraisal Institute is proud to introduce its newest seminar, Commercial Appraisal Engagement and Review, which will premiere March 2, 2009, in Tigard, Ore. Designed for lenders and appraisers, this timely seminar will explore how appraisal work fits into financial institutions’ regulatory scheme and what happens to an appraisal once it leaves the appraiser’s hands. http://www.appraisalinstitute.org/about/news/2009/02_13_09_commreview.aspx http://www.appraisalinstitute.org/about/news/2009/02_13_09_commreview.aspx Sat, 14 Feb 2009 00:00:00 GMT 2009 CHICAGO – The Appraisal Institute is proud to announce the release of its newest publication, The Student Handbook to The Appraisal of Real Estate, 13th edition, by Mark R. Rattermann, MAI, SRA. This practical handbook serves as a complement to the latest edition of The Appraisal of Real Estate and is designed to assist students and valuation practitioners alike in understanding the appraisal profession, preparing for state licensing exams and embarking on a successful career in real estate valuation. http://www.appraisalinstitute.org/about/news/2009/01_12_09_studenthandbook.aspx http://www.appraisalinstitute.org/about/news/2009/01_12_09_studenthandbook.aspx Tue, 13 Jan 2009 00:00:00 GMT 2009 WASHINGTON D.C. – The nation’s largest organizations of professional real estate appraisers – the Appraisal Institute, American Society of Appraisers, American Society of Farm Managers and Rural Appraisers, and the National Association of Independent Fee Appraisers – issued the following statement today in reaction to the revised Home Valuation Code of Conduct (Appraisal Code) released by the Federal Housing Finance Agency and Fannie Mae and Freddie Mac: http://www.appraisalinstitute.org/about/news/2008/12_26_08_RevisedHVCC.aspx http://www.appraisalinstitute.org/about/news/2008/12_26_08_RevisedHVCC.aspx Sat, 27 Dec 2008 00:00:00 GMT 2008 WASHINGTON, D.C. – The Appraisal Institute is set to host the first-ever Collateral Matters Congress, an industry-wide event dedicated to improving the overall quality of collateral valuation practices in residential mortgage lending. The congress, which will be held from March 9-10, 2009, at the Park Hyatt in Washington, D.C., will address concerns regarding current collateral valuation practices and explore ways to develop best practices improvements and reforms. http://www.appraisalinstitute.org/about/news/2008/12_16_08_CMC.aspx http://www.appraisalinstitute.org/about/news/2008/12_16_08_CMC.aspx Wed, 17 Dec 2008 00:00:00 GMT 2008 CHICAGO – The Appraisal Institute is proud to introduce its newest seminar, Valuation of Green Residential Properties, which will premiere December 3, 2008, in Denver, Colo. Designed for residential real estate professionals – both expert and novice – who wish to enhance and expand their practices in this growing industry, this timely seminar will explore market acceptance of the latest green program initiatives while presenting an in-depth study of how green building construction impacts home values. http://www.appraisalinstitute.org/about/news/2008/11_20_08_GreenResProperties.aspx http://www.appraisalinstitute.org/about/news/2008/11_20_08_GreenResProperties.aspx Fri, 21 Nov 2008 00:00:00 GMT 2008 The Appraisal Institute Board of Directors yesterday voted not to pursue affiliation with the National Association of Realtors (NAR). The vote, which occurred during the Board’s fall meeting in San Antonio, Texas, follows year-long meetings between the organizations during which possible terms and conditions were discussed. In the end, though, the two organizations could not come to agreement on how best to proceed. http://www.appraisalinstitute.org/about/news/2008/11_07_08_AIBoard.aspx http://www.appraisalinstitute.org/about/news/2008/11_07_08_AIBoard.aspx Sat, 08 Nov 2008 00:00:00 GMT 2008 WASHINGTON D.C. – As the number of appraisal management companies (AMCs) continues to grow across the United States, the nation’s largest professional organizations of real estate appraisers are releasing draft model legislation calling for the registration and regulation of AMCs. The model legislation is a joint effort of the Appraisal Institute (AI), the American Society of Appraisers (ASA), the American Society of Farm Managers and Rural Appraisers (ASFMRA), and the National Association of Independent Fee Appraisers (NAIFA). http://www.appraisalinstitute.org/about/news/2008/11_03_08_ModelAMCLegislation.aspx http://www.appraisalinstitute.org/about/news/2008/11_03_08_ModelAMCLegislation.aspx Tue, 04 Nov 2008 00:00:00 GMT 2008 CHICAGO - The Appraisal Institute is proud to offer its newest text on appraising damaged property, Real Estate Damages: Applied Economics and Detrimental Conditions, second edition. This revised publication provides valuation professionals with a framework for applying fundamental economic principles and innovative appraisal techniques to address the unique problems that arise in these complex valuation situations. http://www.appraisalinstitute.org/about/news/2008/09_09_08_RealEstateDamages.aspx http://www.appraisalinstitute.org/about/news/2008/09_09_08_RealEstateDamages.aspx Wed, 10 Sep 2008 00:00:00 GMT 2008 CHICAGO – A little more than halfway through an aggressive campaign to increase membership, the Appraisal Institute is reporting an increase of greater than 2,400 members as of July 31, 2008, thanks in large part to the organization’s efforts to recruit younger members. This record-breaking figure, which includes new Associate and Affiliate members added since the beginning of 2008, has the Appraisal Institute on track to surpass the number of members joining in any one year throughout the organization’s 75-year history. http://www.appraisalinstitute.org/about/news/2008/08_26_08_AIYoungAppraisers.aspx http://www.appraisalinstitute.org/about/news/2008/08_26_08_AIYoungAppraisers.aspx Wed, 27 Aug 2008 00:00:00 GMT 2008 WASHINGTON D.C. – Yesterday, the nation’s largest professional organization of real estate appraisers, the Appraisal Institute, submitted a joint industry letter to the Senate Banking Committee advocating revisions to deficiencies in the appraisal regulatory structure. Specifically, the Appraisal Institute urged the Senate to adopt Title VII of House Resolution 3915 (H.R. 3915), the Mortgage Reform and Anti-Predatory Lending Act, which would allot greater resources to state appraisal boards for enforcement activities while increasing the effective oversight authority of the Appraisal Subcommittee. http://www.appraisalinstitute.org/about/news/2008/08_20_08_RegulatoryStructure.aspx http://www.appraisalinstitute.org/about/news/2008/08_20_08_RegulatoryStructure.aspx Thu, 21 Aug 2008 00:00:00 GMT 2008 CHICAGO – The Summer 2008 issue of The Appraisal Journal continues to provide real estate professionals with advice and insights to the ever changing industry. Included in the Summer issue are two articles related to the valuation of properties located near lakes, two articles on investment-related valuations and an article on predicting the impact of contamination on home values. http://www.appraisalinstitute.org/about/news/2008/08_07_08_TAJSummer08.aspx http://www.appraisalinstitute.org/about/news/2008/08_07_08_TAJSummer08.aspx Fri, 08 Aug 2008 00:00:00 GMT 2008 WASHINGTON D.C. – The nation’s largest organization of professional real estate appraisers, the Appraisal Institute, applauded enactment of House Resolution 3221 (H.R. 3221), a law passed by Congress last weekend and signed by President Bush today, that contains several large housing related initiatives, including the housing regulatory overhaul of mortgage giants Fannie Mae and Freddie Mac, and a modernization of the Federal Housing Administration (FHA). In addition, H.R. 3221 contains provisions that reinforce the importance of competently prepared real estate appraisals to the mortgage lending process. http://www.appraisalinstitute.org/about/news/2008/07_30_08_HR3221.aspx http://www.appraisalinstitute.org/about/news/2008/07_30_08_HR3221.aspx Thu, 31 Jul 2008 00:00:00 GMT 2008 CHICAGO – The Appraisal Institute is proud to announce the release of its newest publication, The Appraisal of Real Estate, thirteenth edition, which provides real estate appraisers with guidance on how to meet the challenges facing today’s valuation professionals. Designed as an authoritative reference and first-line resource, this practical book is perfect for assistance in overcoming obstacles and performing appraisal assignments with consistency, competence and integrity. http://www.appraisalinstitute.org/about/news/2008/07_07_08_13thEdition.aspx http://www.appraisalinstitute.org/about/news/2008/07_07_08_13thEdition.aspx Tue, 08 Jul 2008 00:00:00 GMT 2008 CHICAGO – The Appraisal Institute, the nation’s largest association of real estate appraisers, announced that Joseph C. Magdziarz, MAI, SRA, has been nominated to serve as Vice President of the organization in 2009. Magdziarz’s nomination by the Appraisal Institute’s Leadership and Development Nominating Committee was submitted to the Appraisal Institute’s Board of Directors at its June meeting in Austin, Texas. http://www.appraisalinstitute.org/about/news/2008/06_25_08_VPNominee.aspx http://www.appraisalinstitute.org/about/news/2008/06_25_08_VPNominee.aspx Thu, 26 Jun 2008 00:00:00 GMT 2008 WASHINGTON D.C. – The nation’s largest professional organization of real estate appraisers has called for the withdrawal of proposed changes to the Real Estate Settlement Procedures Act (RESPA) because it fails to promote transparency of real estate settlement costs to consumers. The Appraisal Institute was joined by the American Society of Appraisers, American Society of Farm Managers and Rural Appraisers, and the National Association of Independent Fee Appraisers in expressing concerns with the proposal, including allowing fees to be hidden or disguised from consumers and charging some consumers more than actual costs through average cost pricing, among other things. http://www.appraisalinstitute.org/about/news/2008/06_12_08_RESPA.aspx http://www.appraisalinstitute.org/about/news/2008/06_12_08_RESPA.aspx Fri, 13 Jun 2008 00:00:00 GMT 2008 CHICAGO – The Appraisal Institute is proud to introduce its newest seminar, An Introduction to Valuing Green Buildings, which will premiere June 24, 2008, in Austin, Texas. Designed for appraisers, developers, investors and other real estate professionals, this timely seminar will explore the history and progress of the “green” building movement in the United States as well as how buildings held for investment relate to the larger green building universe. The analysis and valuation of green building for investment purposes are also examined. http://www.appraisalinstitute.org/about/news/2008/05_28_08_GreenBuildingsSeminar.aspx http://www.appraisalinstitute.org/about/news/2008/05_28_08_GreenBuildingsSeminar.aspx Thu, 29 May 2008 00:00:00 GMT 2008 CHICAGO – The Spring issue of The Appraisal Journal continues in its mission to provide professional real estate appraisers with information on analysis and valuation of real estate interests. This quarter, feature articles explain how to analyze and value water rights and aircraft hangers. In addition, articles on appraisal review as it relates to expropriation, the inconsistency of expert witness standards for appraisal testimony, and the Japanese take on asset impairment accounting as related to appraisers are also featured. http://www.appraisalinstitute.org/about/news/2008/05_06_08_TAJSpring08.aspx http://www.appraisalinstitute.org/about/news/2008/05_06_08_TAJSpring08.aspx Wed, 07 May 2008 00:00:00 GMT 2008 WASHINGTON D.C. – Today, the nation’s largest professional organization of real estate appraisers submitted a joint industry response to the creation of the Home Valuation Code of Conduct – a guideline established in an agreement reached by the New York Attorney General’s Office, Fannie Mae, Freddie Mac and the Office of Federal Housing Enterprise Oversight (OFHEO). http://www.appraisalinstitute.org/about/news/2008/04_30_08_FannieFreddieComments.aspx http://www.appraisalinstitute.org/about/news/2008/04_30_08_FannieFreddieComments.aspx Thu, 01 May 2008 00:00:00 GMT 2008 WASHINGTON D.C. – More than one hundred participants in the Appraisal Institute’s 2008 Leadership Development and Advisory Council (LDAC) are set to lobby Capitol Hill on Thursday, April 24, in an effort to alert their Congressional representatives of the issues impacting real estate appraisers and the real estate appraisal profession. The group, which is composed of industry leaders, will gather April 23-25 at the Washington Court Hotel in Washington, D.C. http://www.appraisalinstitute.org/about/news/2008/04_21_08_LDAC.aspx http://www.appraisalinstitute.org/about/news/2008/04_21_08_LDAC.aspx Tue, 22 Apr 2008 00:00:00 GMT 2008 WASHINGTON, DC – Today, the Senate will vote on critical legislation to stimulate the housing market and the economy. Included in the debate is an amendment offered by Senator Robert Casey (D-Pennsylvania) and Senator Mel Martinez (R-Florida) to make reforms to the real estate appraisal process, specifically, banning appraiser coercion. http://www.appraisalinstitute.org/about/news/2008/04_08_08_LegislativeUpdate.aspx http://www.appraisalinstitute.org/about/news/2008/04_08_08_LegislativeUpdate.aspx Wed, 09 Apr 2008 00:00:00 GMT 2008 CHICAGO – The Appraisal Institute is proud to announce the release of its newest publication, Subdivision Valuation, by Don M. Emerson, Jr., MAI, SRA. Providing real estate appraisers with the essential skills needed to meet the challenges of subdivision valuation, this practical book offers appraisers a comprehensive overview of single-unit residential subdivision valuation methodology focused primarily on valuing proposed subdivisions competently and avoiding common errors found in subdivision appraisal reports. To help readers negotiate the complications related to the valuation of subdivisions, a variety of case studies are presented throughout the text. http://www.appraisalinstitute.org/about/news/2008/04_02_08_SubdivisionValuation.aspx http://www.appraisalinstitute.org/about/news/2008/04_02_08_SubdivisionValuation.aspx Thu, 03 Apr 2008 00:00:00 GMT 2008 CHICAGO, IL - The Winter 2008 issue of The Appraisal Journal examines the distinctive characteristics of special property interests – a key step in developing a valuation estimate. Featured articles specifically focus on the unique aspects of aircraft hangars, water rights, limited use service hotels, industrial incubator warehouses and apartments, and how these special properties are valued. http://www.appraisalinstitute.org/about/news/2008/03_07_08_TAJWinter08.aspx http://www.appraisalinstitute.org/about/news/2008/03_07_08_TAJWinter08.aspx Wed, 13 Feb 2008 00:00:00 GMT 2008 NEW YORK - The Appraisal Institute today praised New York Attorney General Andrew Cuomo for exposing the corrosive consequences of inflated appraisals on the home buying industry and confirmed its commitment to the independence of professional real estate appraisers. http://www.appraisalinstitute.org/about/news/2007/11_07_07_Cuomo.aspx http://www.appraisalinstitute.org/about/news/2007/11_07_07_Cuomo.aspx Thu, 29 Nov 2007 00:00:00 GMT 2007 CHICAGO, IL - As a part of its 75th anniversary look at important aspects of the real estate appraisal profession, the Fall 2007 issue of The Appraisal Journal offers several perspectives on appraiser education over the decades. The issue also features articles on several unique appraisal topics: cell phone towers, antiterrorism measures in commercial buildings and road access management. http://www.appraisalinstitute.org/about/news/2007/11_28_07_Appraisal_Journal.aspx http://www.appraisalinstitute.org/about/news/2007/11_28_07_Appraisal_Journal.aspx Thu, 08 Nov 2007 00:00:00 GMT 2007 WASHINGTON D.C. - The nation’s largest professional real estate appraisal organization, the Appraisal Institute, applauds Representative Paul Kanjorski (D-PA) for introducing H.R. 3837, The Escrow, Appraisal, and Mortgage Servicing Improvements Act of 2007. Introduced today in the House of Representatives, H.R. 3837 is aimed at protecting consumers and financial institutions by addressing shortcomings in the appraisal regulatory structure, among other things. http://www.appraisalinstitute.org/about/news/2007/10_22_07_PropAppraisalLeg.aspx http://www.appraisalinstitute.org/about/news/2007/10_22_07_PropAppraisalLeg.aspx Tue, 23 Oct 2007 00:00:00 GMT 2007 CHICAGO, IL - The Summer 2007 issue of The Appraisal Journal continues the Appraisal Institute’s yearlong salute to its diamond anniversary by providing featured articles that examine a bevy of unique valuation topics. Highlights include articles addressing topics from an overview of the development of appraisal practices to conservation subdivision developments, from property rights compensation statutes to government land auctions. In addition, a special article developed by Appraisal Institute staff explains circumstances where errors frequently occur and how appraisers can avoid these errors. http://www.appraisalinstitute.org/about/news/2007/8_01_07_SummerTAJ.aspx http://www.appraisalinstitute.org/about/news/2007/8_01_07_SummerTAJ.aspx Thu, 16 Aug 2007 00:00:00 GMT 2007 CHICAGO, IL - To avoid the pitfalls that can result from imprecise communication between lenders and real estate appraisers, the Appraisal Institute and the American Bankers Association (ABA) will jointly host a two-hour teleconference on Tuesday, August 21 from 2-4 p.m. (ET). Titled “Effective Banker-Appraiser Communication,” the program will feature a panel of experts from across the lending industry. The topics to be discussed include: http://www.appraisalinstitute.org/about/news/2007/7_11_07_Telecon_Effective.aspx http://www.appraisalinstitute.org/about/news/2007/7_11_07_Telecon_Effective.aspx Thu, 12 Jul 2007 00:00:00 GMT 2007 WASHINGTON, DC - The Appraisal Institute, along with three partner appraisal organizations, told Congress today that a single standard for all lenders and brokers ordering real estate appraisals will help stop appraiser coercion, which was described as one of the leading contributors to mortgage fraud. http://www.appraisalinstitute.org/about/news/2007/7_05_07_FraudCrisis.aspx http://www.appraisalinstitute.org/about/news/2007/7_05_07_FraudCrisis.aspx Fri, 06 Jul 2007 00:00:00 GMT 2007 CHICAGO, IL - The Appraisal Institute’s 75th Anniversary Conference, “Celebrating Our History, Valuing the Future,” will bring together leaders of the real estate valuation profession to address current trends in the industry while also offering appraisers opportunities to expand their professional skills. Taking place in Las Vegas, at Caesars Palace, from July 15-22, the conference will include informative educational sessions, top-notch exhibits and a host of exciting social events. http://www.appraisalinstitute.org/about/news/2007/6_6_07_Education75thConf.aspx http://www.appraisalinstitute.org/about/news/2007/6_6_07_Education75thConf.aspx Thu, 07 Jun 2007 00:00:00 GMT 2007 CHICAGO, IL -- With the publication of the Spring 2007 issue, The Appraisal Journal continues its yearlong salute to its diamond anniversary by providing a review of appraiser ethics and standards. Other featured articles examine several unique appraisal topics including: how seller disclosure affects market value, how sales prices have been affected by deregulation of Federal Housing Administration (FHA) and Veterans Affairs (VA) mortgages, and how certain valuation approaches may lead to overvaluations resulting in payment of excess property taxes. http://www.appraisalinstitute.org/about/news/2007/5_16_07_tajspring2007.aspx http://www.appraisalinstitute.org/about/news/2007/5_16_07_tajspring2007.aspx Thu, 17 May 2007 00:00:00 GMT 2007 CHICAGO, IL - The Appraisal Institute, the nation’s largest association of real estate appraisers, has announced that Frederick H. Grubbe has been selected to serve as chief executive officer of the organization effective June 1, 2007. http://www.appraisalinstitute.org/about/news/2007/5_03_07_NewChiefExec.aspx http://www.appraisalinstitute.org/about/news/2007/5_03_07_NewChiefExec.aspx Fri, 04 May 2007 00:00:00 GMT 2007 WASHINGTON, D.C. - In response to the proposed guidance on subprime mortgage lending, the four largest professional appraisal organizations have called for requirements to stress the need for an independent appraisal process in the mortgage lending process. http://www.appraisalinstitute.org/about/news/2007/4_12_07_Subprime.aspx http://www.appraisalinstitute.org/about/news/2007/4_12_07_Subprime.aspx Fri, 13 Apr 2007 00:00:00 GMT 2007 IOWA - As mortgage fraud remains a serious problem for communities across the country, the Iowa Chapter of the Appraisal Institute is leading the charge to fight appraiser pressure in Iowa by backing Senate File 137 (S.F. 137), which would prohibit third parties from improperly influencing an appraiser. In partnership with the Appraisal Institute’s State Government Affairs Office, the Iowa Chapter recently issued an action alert encouraging Iowa appraisers to contact their State representatives to urge them to support the legislation. http://www.appraisalinstitute.org/about/news/2007/4_04_07_IowaBill.aspx http://www.appraisalinstitute.org/about/news/2007/4_04_07_IowaBill.aspx Thu, 05 Apr 2007 00:00:00 GMT 2007 CHICAGO – With the publication of the Winter 2007 issue, The Appraisal Journal begins a yearlong salute to its diamond anniversary by providing a review of appraisal ideas that have influenced the profession. In addition, featured articles examine several unique appraisal topics, including the valuation of defunct transportation corridors, how short-term conservation restrictions affect sales prices and the financial ramifications of home removal on home owners’ associations. http://www.appraisalinstitute.org/about/news/2007/2_26_07_Journal.aspx http://www.appraisalinstitute.org/about/news/2007/2_26_07_Journal.aspx Tue, 27 Feb 2007 00:00:00 GMT 2007 CHICAGO – The Appraisal Institute is proud to announce the release of its newest publication, Appraising Residential Properties, fourth edition. Designed to meet the needs of a new generation of tech-savvy residential real estate practitioners, this classic residential valuation textbook helps appraisers understand the new Appraiser Qualifications Board (AQB) requirements for appraiser licensing and certification while preparing valuation professionals for the challenges that lie ahead. http://www.appraisalinstitute.org/about/news/2007/1_24_07_Appraisal_Book.aspx http://www.appraisalinstitute.org/about/news/2007/1_24_07_Appraisal_Book.aspx Thu, 25 Jan 2007 00:00:00 GMT 2007 WASHINGTON, D.C. – Legislators and government officials will hear a unified voice from the real estate appraisal profession during 2007, thanks to an agreement signed by the four largest appraisal organizations in the United States. http://www.appraisalinstitute.org/about/news/2007/1_22_07_Unified_Voice.aspx http://www.appraisalinstitute.org/about/news/2007/1_22_07_Unified_Voice.aspx Tue, 23 Jan 2007 00:00:00 GMT 2007 CHICAGO – Clients of real estate appraisal services are set to benefit from the Appraisal Institute’s introduction of model agreements for services, which are presently being made available to members of the Appraisal Institute. Sample agreements for services – both long and short forms along with supplementary and explanatory materials – have been developed to assist Appraisal Institute members and their clients in drafting their own agreements or evaluating those provided by others. http://www.appraisalinstitute.org/about/news/2007/1_17_07_Model_Contracts.aspx http://www.appraisalinstitute.org/about/news/2007/1_17_07_Model_Contracts.aspx Thu, 18 Jan 2007 00:00:00 GMT 2007 CHICAGO – Six members of the Appraisal Institute will serve in leadership positions on the Appraisal Foundation’s Board of Trustees for 2007. Arthur Clapp, who is an associate member of the Appraisal Institute, will serve as the Board’s chair; Shawn McGowan, SRA, as vice chair; Larry Kokel, MAI, as secretary; Alan Hummel, SRA, as assistant secretary; John Bredemeyer, SRA, as treasurer; and Alice DeJong, MAI, as assistant treasurer. The appointments, which were made at the Foundation’s annual Fall Meeting on October 28, 2006, officially began on January 1, 2007. http://www.appraisalinstitute.org/about/news/2007/1_12_07_Top_Foundation.aspx http://www.appraisalinstitute.org/about/news/2007/1_12_07_Top_Foundation.aspx Sat, 13 Jan 2007 00:00:00 GMT 2007 CHICAGO - The Appraisal Institute, the leading organization for professional real estate appraisers, has announced its national officers for 2007: President Terry Dunkin, MAI, SRA; President-Elect R. Wayne Pugh, MAI; Vice President Jim Amorin, MAI, SRA, and Immediate Past President Richard Powers, MAI, SRA. The officers were sworn in during the fall meeting of the Appraisal Institute’s Board of Directors, held in Chicago on December 4-5. http://www.appraisalinstitute.org/about/news/2007/1_09_07_Officers.aspx http://www.appraisalinstitute.org/about/news/2007/1_09_07_Officers.aspx Wed, 10 Jan 2007 00:00:00 GMT 2007