Appraisal Institute News | Appraisal Institute

Jun 11, 2018 12:00 PM

New Appraisal Institute Book Examines Changes in Real Estate Market

When market volatility creates problems, real estate appraisers must develop a deeper understanding of the valuation process and a greater ability to handle a wide variety of assignments, according to a new book published by the Appraisal Institute.

Jun 06, 2018 12:30 PM

Fed Regulators Propose Rewrite of 'Volcker Rule' Bank Trading Limits

Federal regulators on May 29 unveiled plans to rewrite the Volcker Rule in order to simplify parts of the Dodd-Frank Act that ban banks from trading on their own account, Reuters reported. The proposal would ease compliance burdens and clarify which trades qualify for safe harbors.

Jun 06, 2018 12:30 PM

Secondary Markets Becoming Tops for Office Deals, JLL Reports

Secondary markets accounted for 50 percent of all U.S. office transactions last year, due to slowing demand for and oversupply of products in core markets, according to the Investment Outlook report from real estate services firm JLL, National Real Estate Investor reported May 30.

Jun 06, 2018 12:30 PM

Albuquerque, New Mexico, Most Affordable Office Market: CBRE

Albuquerque, New Mexico, has the nation's most affordable office lease rates at $15.59 per square foot, according to real estate services firm CBRE, Bizjournal reported May 25. Louisville, Kentucky, and Cleveland rounded out the top three.

May 23, 2018 12:30 PM

House Passes Dodd-Frank Reform Bill Complete with Appraisal Revisions

The U.S. House of Representatives on May 22 passed bi-partisan legislation that would roll back many post-financial-crisis banking rules found in the Dodd-Frank Act. The White House said President Trump will sign the bill before Memorial Day.

May 23, 2018 12:30 PM

Economic Growth Poised to Continue this Year, Drop Next Year: Fannie Mae

Economic growth is expected to remain at 2.7 percent through the end of the year, but then take a downward turn next year as the fiscal stimulus from the Tax Cuts and Jobs Act of 2017 starts to fade, Fannie Mae reported May 17 in its newest Economic and Housing Outlook.

May 23, 2018 12:30 PM

FHA Extends by 3 Months Foreclosure Moratorium for Hurricane Victims

The U.S. Department of Housing and Urban Development and the Federal Housing Administration on May 16 extended by 90 days the foreclosure moratorium for victims of Hurricane Maria, HousingWire reported. The FHA previously requested a 60-day foreclosure suspension on top of its original 180-day freeze.

May 16, 2018 12:30 PM

California Court Opinion Helps Appraisers with Intended User Lawsuits

The California Court of Appeal, Third Appellate District, certified for publication May 7 its decision in Tindell v. Murphy, which supports appraisers in lawsuits filed by parties who are not intended users of an appraisal. The Appraisal Institute’s Northern California Chapter lobbied for publication so the opinion can be cited in future cases.

May 16, 2018 12:30 PM

Freddie Mac Helps Non-bank Mortgage Companies

Freddie Mac has started extending credit to non-bank mortgage companies to ensure they have access to cash if their home loans default, Bloomberg reported May 7. The new lines of credit have not been publicly announced. Critics worry the move could lead to unfair market advantages for preferred lenders.

May 16, 2018 12:30 PM

Report Shows Tech-reliant Cities Thrive Despite National Rent Declines

The gap has widened between office rents in tech-dominated markets like Seattle and Boston and those in markets with more traditional tenants, according to the Effective Rent Index released May 8 by real estate services firm Savills Studley, MBA NewsLink reported. To compete, landlords are offering record concessions in some markets.

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