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Results: 169 Articles found.
Jun 27, 2018 12:30 PM

Court Finds Tax Appeal Attorneys Not Engaged in Appraisal Practice

The Circuit Court of Cook County, Illinois (Chancery Division) on June 20 ruled that attorneys who referenced comparable property valuations and market values based on an income approach as part of tax appeal proceedings were simply engaged in the traditional practice of law and not in appraisal practice.

 
Jun 27, 2018 12:30 PM

Banks Aggressively Seeking New Customers for CRE Loans, CBRE Reports

It's getting easier to secure construction loans for commercial real estate as banks are starting to compete for new customers, according to commercial real estate firm CBRE, National Real Estate Investor reported June 19. However, loan amounts are relatively small compared to total development project costs.

 
Jun 27, 2018 12:30 AM

Seattle Top Metro for Commercial Real Estate Investment, Report Shows

Seattle is the top metro for commercial real estate investment while New York is the worst, according to the Metro Investment Rankings Index from real estate advisory firm Situs, MBA NewsLink reported June 21. The index surveyed investors about the price/value of CRE assets for different markets and property types.

 
Jun 20, 2018 12:30 PM

Fed Sees Strong Economy and Raises Rates, Drops Crisis-era Policies

The Federal Reserve on June 13 increased interest rates a quarter of a percentage point, indicating it would tolerate inflation above 2 percent and was dropping crisis-era guidance, Reuters reported. Low unemployment and inflation were key factors in the decision.

 
Jun 20, 2018 12:30 PM

Ohio Enacts Law Establishing AMC Oversight and Certification

Ohio Gov. John Kasich on June 14 signed Substitute House Bill 213, legislation that establishes the state's appraisal management company licensing and oversight program and makes minor changes to the state's existing appraiser licensing and certification law.

 
Jun 20, 2018 12:30 PM

Treasury, IRS Select Final 'Opportunity Zones' for Tax Incentive Program

The U.S. Department of the Treasury and the IRS announced June 13 that they have selected Opportunity Zones in all 50 states and the District of Columbia; the Opportunity Zones program provides federal tax incentives to spur investment in distressed communities. Nearly 35 million people live in the selected zones.

 
Jun 19, 2018 08:00 AM

Appraisal Institute Releases Guide to Residential Green Addendum

The Appraisal Institute, the nation’s largest professional association of real estate appraisers, today released a guide to complete and use the organization’s “Residential Green and Energy Efficient Addendum.”​

 
Jun 13, 2018 12:30 PM

Half of US Housing Markets are 'Overvalued,' CoreLogic Reports

More than half the nation's largest housing markets were overvalued in April, meaning home prices have topped long-term, sustainable levels, according to analytics firm CoreLogic, CNBC reported June 5.

 
Jun 13, 2018 12:30 PM

FHFA Report to Congress Reveals Significantly Lower GSE Income

The Federal Housing Finance Agency on May 23 released its 2017 Report to Congress, revealing net income drops for the government-sponsored enterprises, mainly due to one-time tax provision expenses. Freddie Mac annual net income was down 28.2 percent for the year while Fannie Mae was down 79.6 percent.

 
Jun 13, 2018 12:30 PM

CFPB Scraps 3 Advisory Boards

Mick Mulvaney, acting director of the Consumer Financial Protection Bureau, on June 6 eliminated three CFPB advisory boards, HousingWire reported. Mulvaney disbanded the Consumer Advisory Board, the Community Bank Advisory Council and the Credit Union Advisory Council, as part of an overall agency restructuring.

 
 
Results: 169 Articles found.

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