Archive for the ‘Valuation Issues’ Category
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The Retail Cannibals
In many high population communities there are retail shopping centers on virtually every corner. Such is the case in the greater Phoenix area, for example, where the major roads are laid out in a 1 square mile perimeter grid pattern, there is typically at least 1 (but, more commonly 2) retail community strip center on [...]
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Vacant Houses: Protecting Yourself & Your Home’s Value
As the economy continues its downward spiral and banks are now being forced to foreclose millions more residential and commercial properties across the country, the number of vacant buildings of all types is going to increase exponentially from current levels.
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Social Network Writings Can Destroy Expert Credibility
The world is all a “Twitter” with “tweets.” And, almost everyone wants to put their face on “Facebook,” “MySpace,” “ActiveRain,” “LinkedIn,” “YouTube,” or any number of the seemingly countless “social networks” that are ubiquitous on the Internet. However, for real estate professionals, writing or saying anything on a social network site is no less dangerous [...]
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Valuation Reliability in a Declining Economy
Recently, a few of my clients have discussed with me their general concerns about the reliability of valuation appraisals in our present declining economy. Over the last 38+ years in my career, this is a topic that has popped up its head from time to time in all types of economic conditions. So, I thought [...]
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News Reports of Changes in Real Estate Values Highly Misleading
Every month, the national media trot out a few statistics on what they say are the changes in the value of homes in the United States. Worse than the irresponsible reporting of data that is so generalized that it has no real meaning, is that most homeowners and buyers across the country rely upon these [...]
