Appraisal Institute News | Appraisal Institute

May 08, 2019 10:04 AM

Complex Residential Properties Offer Challenges to Appraisers, New Book Finds

Only by properly identifying and investigating the unique characteristics of condos, co-ops and planned unit developments can appraisers properly value these common but complicated residential properties, according to a new book published by the Appraisal Institute.

May 01, 2019 12:30 PM

Retail, Office Net Lease Cap Rates Rise: Boulder Group

Cap rates on net lease retail properties increased 2 basis points in the first quarter to 6.37 percent while cap rates on net lease office assets jumped 8 basis points to 7.1 percent, according to The Boulder Group investment firm, National Real Estate Investor reported April 22.

May 01, 2019 12:30 PM

Outlet Centers Bring Stability to Otherwise Shaky Retail Sector, Consulting Firm Reports

Outlet centers remain a bright spot in the retail sector, according to consulting company Outlet Resource Group, National Real Estate Investor reported April 25. There are roughly 200 outlet centers in the U.S., with an average vacancy rate of 3.6%, compared to 1,100 regional and superregional malls with an average vacancy rate of 9%.

May 01, 2019 12:30 AM

Housing Could Be Hurt by "Underbuilding," Data Shows

The housing market — especially the entry-level segment — could stumble this year due to “underbuilding,” a situation exacerbated by rising materials costs, tariffs on imported materials and labor shortages, according to consulting firm Grant Thornton, HousingWire reported April 19. Housing starts and household formation analytics suggest the worst underbuilding since the 1970s.

Apr 24, 2019 12:30 PM

Homebuyers Will Pay Extra for Energy Efficiency: NAHB

Homebuyers are willing to pay an average of $8,728 extra for a property in order to save $1,000 a year in utility bills, according to a report released April 12 by the National Association of Home Builders. Buyers who expect to pay more than $500,000 for a property are willing to pay an average of $10,560 for energy efficient features.

Apr 24, 2019 12:30 PM

New FHFA Director to Focus on Fannie, Freddie Overhaul

Federal Housing Finance Agency Director Mark Calabria said April 15 that he assumes the job with a “great sense of urgency” to address government control of Fannie Mae and Freddie Mac, Bloomberg reported. The government-sponsored enterprises have returned to profitability, but remain in conservatorship.

Apr 24, 2019 12:30 PM

Commercial Real Estate Investment to Perform Worse in 2019, Research Predicts

Investors believe that the private equity real estate investment sector will perform worse in 2019 than it did in 2018, and portfolio/asset pricing will increase over the next 12 months, which could result in a slowdown period, according to research firm Prequin, National Real Estate Investor reported April 17.

Apr 24, 2019 08:00 AM

Exterior Home Renovations Offer Greatest Value: Appraisal Institute

The Appraisal Institute, the nation’s largest professional association of real estate appraisers, today advised homeowners to focus on outdoor improvement projects when seeking to improve their home’s value.

Apr 17, 2019 12:30 PM

Fed Says More Rate Hikes Possible If Economy Improves

The Federal Reserve’s Federal Open Market Committee voted against a rate increase at its April 10 meeting, but minutes indicate that they would consider such a move if the economy steadily improves, CNBC reported. Any future rate hike isn’t expected until at least 2020.

Apr 17, 2019 12:30 PM

Proposed Rules for Foreign Banks Favorable, Fed Indicates

The Federal Reserve on April 8 proposed new rules for foreign banks that would categorize the institutions based on risk to the financial system, MarketWatch reported. The new requirements would separate liquidity rules from capitalized subsidiaries for the institutions, boosting liquidity thresholds by as much as 4%.

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