Appraisal Institute News | Appraisal Institute

Mar 27, 2019 12:30 PM

CRE Sector Expected to Stay Strong: Cushman & Wakefield

The commercial real estate sector was “very robust” last year due to significant merger and acquisition activity, and things are expected to continue apace this year because of positive investment interest, favorable monetary policy and cycle maturity, according to real estate firm Cushman & Wakefield, MBA NewsLink reported March 21.

Mar 27, 2019 12:30 PM

JLL to Acquire HFF, Become Largest US Commercial Real Estate Debt Practice: Report

Commercial real estate firm JLL announced March 19 that it will acquire fellow commercial real estate firm HFF for approximately $2 billion, a deal that likely will close in the third quarter and create the nation’s largest commercial real estate debt practice, the Commercial Observer reported.

Mar 20, 2019 12:30 PM

Enhanced Appraisal Review Drops Refinance Risk: Data Shows

An enhanced appraisal review process has reduced default risk in mortgage refinancing, making these loans less risky to lenders than before the financial crisis — but still riskier than purchase mortgage loans, the Urban Institute reported March 7 after performing an analysis of data from Fannie Mae and Freddie Mac.

Mar 20, 2019 12:30 PM

Multifamily Market Expected to Stay Strong, Research Reveals

The multifamily market is expected to remain strong as consumers continue to show a preference for renting for various financial and socioeconomic reasons, including student debt that puts homebuying out of reach of many young consumers, according to investment research group Clarion Partners, National Real Estate Investor reported March 12.

Mar 20, 2019 12:30 PM

Hotel Investment to Remain Steady and Strong in the US and Abroad, JLL Projects

https://www.mba.org/cmf-newslinks/2019/march/mba-cmf-newslink-3-14-19/news-and-trends/cautious-yet-confident-hotel-sector

Mar 13, 2019 12:30 PM

AI Professionals Asked to Comment on Big Box Guide Note

The Appraisal Institute’s Professional Standards and Guidance Committee is seeking comments from AI professionals on its proposed Guide Note related to methodology for valuing the fee simple estate, including “big box” retail properties. Comments are due April 15.

Mar 13, 2019 12:30 PM

Housing Groups Ask the FHFA to Go Easy on GSE Reforms

Twenty-four housing industry organizations on March 6 sent a letter to the Federal Housing Finance Agency encouraging it to end conservatorship of Fannie Mae and Freddie Mac in order to protect the safety and soundness of the market, but to proceed slowly and to prioritize affordable housing, HousingWire reported.

Mar 13, 2019 12:30 PM

Consumer Financial Protection Bureau Issues Rulemaking Notice on PACE Financing

The Consumer Financial Protection Bureau is seeking comments on its residential Property Assessed Clean Energy financing regulations and released on March 4 an Advance Notice of Proposed Rulemaking. Comments are due May 3. PACE allows homeowners to obtain financing to make improvements that increase energy efficiency.

Mar 06, 2019 12:30 PM

AI, Freddie Mac to Teach Valuation of Manufactured Homes

The Appraisal Institute and Freddie Mac on March 5 announced a partnership targeted to help real estate appraisers when valuing manufactured housing. The partnership will provide practical appraisal training to all appraisers, as well as specifically targeted training and case studies to address manufactured housing valuation assignments for Freddie Mac’s CHOICEHome.

Mar 06, 2019 12:30 PM

Economists Predict Recession by 2021: National Association for Business Economics

Three-quarters of economists responding to a survey from the National Association for Business Economics believe that a recession will take place by the end of 2021, HousingWire reported Feb. 26. The economists said they generally favor current economic policy, but expect diminishing returns on existing deregulation and tax initiatives.

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