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Results: 10869 Articles found.
Dec 05, 2018

AI and Land Trust Alliance Support Conservation Easement Legislation

The Appraisal Institute and the Land Trust Alliance co-signed a letter Nov. 29 urging congressional leaders to advance the Charitable Conservation Easement Program Integrity Act, which would help maintain the integrity of conservation easement donations by closing an apparent loophole related to abusive syndicated tax shelters.

 
Dec 05, 2018

Fed Reports Increased Farm Bankruptcies and Expects Trend to Continue

The number of farm bankruptcies in the Upper Midwest is on the rise, more than doubling since the most recent low in 2014, according to a report from the Federal Reserve Bank of Minnesota, The Hill reported Nov. 26. The report noted that current trends suggest bankruptcies have not reached their peak.

 
Dec 05, 2018

FHFA Sets 2019 Conforming Loan Limits for Fannie Mae and Freddie Mac

The Federal Housing Finance Agency announced Nov. 27 that the 2019 maximum conforming loan limits for mortgages acquired by Fannie Mae and Freddie Mac for one-unit properties will be $484,350, up from the current $453,100. The limit in high-cost areas will be $726,525.

 
Dec 05, 2018

Housing Market to Continue Challenging Buyers in 2019: Realtor.com

Rising interest rates and home prices are expected to overshadow inventory increases next year, making the housing market more challenging for hopeful homebuyers, according to a Realtor.com forecast, HousingWire reported Nov. 28. Realtor.com reported that a buyer’s market is still at least five years off.

 
Dec 05, 2018

Mortgage Rates Steady, Purchase Mortgage Applications Up: Freddie Mac

Mortgage rates were stable during the past week, amid slowing auto and home sales and a general softening of the economy, Freddie Mac reported Nov. 29 in its Primary Mortgage Market Survey. However, purchase mortgage applications increased, which indicates there are buyers in the market.

 
Dec 05, 2018

In Memoriam

The Appraisal Institute regrets the passing of the following Designated Members, as reported to Appraiser News Online in November.

 

Dec 05, 2018

AI Joins 17 Groups Opposing Proposed Credit Union Administration Action

The Appraisal Institute on Dec. 4 joined 17 other organizations in strongly opposing the National Credit Union Administration’s proposal to quadruple – from $250,000 to $1 million – the appraisal threshold for non-residential loans. AI said the threshold increase would drastically increase the number of non-residential real estate loans that would not require an appraisal.

 

Dec 05, 2018

Massachusetts Supreme Court Rules on Applicability of Appraiser Bias

The Massachusetts Supreme Judicial Court on Nov. 26 ruled that the prohibition on appraiser bias contained in the Uniform Standards of Professional Appraisal Practice and the Appraisal Institute’s Code of Ethics and Certification Standard, or the appearance of bias, applies only to individuals and not to an appraiser’s employer.

 

Dec 05, 2018

Investors Seek Unused and Underused Properties for Last-mile Sites: JLL

Investors are targeting empty churches, class-B office buildings, vacant big box stores and underused parking structures for redevelopment as last-mile e-commerce distribution centers, according to commercial real estate company JLL, National Real Estate Investor reported Nov. 28. Once converted, the properties can command higher rents and sale prices.

 

Dec 05, 2018

Building Codes For Fire Resistance Don’t Raise Home Costs, Prices: Study

Homes could be built to better withstand fires without significantly increasing construction costs or raising home prices, according to a study released Nov. 27 by the Insurance Institute for Business & Home Safety and consulting firm Headwaters Economics. States have been reluctant to adopt stricter building codes for those reasons.

 
Results: 10869 Articles found.

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