Commercial Appraiser
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Curtis D. Harris, BS, CGREA, REB
310.337.1973 (Cell,) 310.251.3959 (Text)
Commercial Appraiser
From: Appraisers Blogs
Sent: Thursday, September 29, 2016 8:50 AM
To: [email protected]
Subject: Appraisers Blogs » What Do You Suppose Might Have Caused This?
Appraisers Blogs » What Do You Suppose Might Have Caused This? What Do You Suppose Might Have Caused This? Posted: 29 Sep 2016 05:30 AM PDT
In my area, the Market Conditions data is basically worthless. Folks, One of the data analysis aspects I do in all reports is research sales trends of comparable properties, using MLS data, and making a graph to show report readers the actual market activity that has occurred over a long real estate cycle…usually 4-5 years back from the Effective Date. I use this to supplement, but not replace, the cruddy Market Conditions form, which poorly accounts for only 12 months of activity. In my area, the Market Conditions data is basically worthless. I’m sharing this because in the 8 years...
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