Editor’s Note: The American Society of Appraisers announces the offering of a Gemological Boot Camp on July 31-August 3, 2017 and the Appraising Gems and Jewelry for Insurance Coverage course on August 4-7, 2017 at Jewelry Television in Knoxville, TN. These phenomenal offerings will provide gems & jewelry professionals with tools needed to become success […]
ASA’s 2017 Personal Property Annual Connoisseurship Conference took place on May 4-6, 2017, at the Hilton Boston Bay Back Hotel in Boston, Massachusetts. This year’s theme—The Eye of the Beholder—A Revolution of Materials and Methods—attracted personal property appraisers from across the country, all eager to learn from a range of seasoned and well-regarded […]
The American Society of Appraisers (ASA) is a multi-discipline, non-profit, international organization of appraisal professionals representing all disciplines. ASA provides the highest quality of technology-based services to facilitate the society’s mission for its members. ASA has an in-house Information Technology Department who maintains the society’s lar […]
Over 4,000 museum professionals from 40 different countries attended this year’s American Alliance of Museums Annual Meeting and MuseumExpo on May 7-10, 2017, in St. Louis, Missouri. Filled with hundreds of learning opportunities, this year’s conference focused on the importance of diversity, equality, accessibility, and inclusion in museums. ASA was represe […]
ASA Chicago volunteers enjoyed educational programs while representing ASA at the annual Seminar of ICAP (Illinois Coalition of Appraisal Professionals) on May 8, 2017, in Lisle, IL. Attended by approximately 300 real property appraisers, the ICAP educational offerings ranged from regulatory updates, current topics in cost approach, and the state of Chicago’ […]
The American Society of Appraisers (ASA) is pleased to announce the certification of Los Angeles, CA based Brian J. Marler and Morristown, NJ based Joseph Shalhoub. Mr. Marler and Mr. Shalhoub are the first two ASA students to complete the Certified in Entity and Intangible Valuation™ (CEIV™) certification program. Brian’s and Joseph’s accomplishment have ea […]
On June 6-7, 2017, the American Society of Appraisers will host its 6th Annual Equipment Valuation Conference at the Metropolitan at the 9 in Cleveland, OH. Thanks to the support of our sponsors, this annual event has become the primary source for the latest insights on equipment valuation. Russell Equipment Company │ Gold Sponsor […]
On March 6, 2017, the Helicopter Association International (HAI) Finance & Leasing Committee held its annual full day seminar at the Kay Bailey Hutchison Convention Center in Dallas, Texas. This year’s sessions focused on various aspects of helicopter transactions in the global marketplace. There were approximately 90 registered participants representing […]
Editor’s Note: On Tuesday, June 20th, 2017, the American Society of Appraisers will air its Valuation Report: Preparing a Critique in a Litigation Setting webinar instructed by Joan D’Uva, ASA. Ms. D’Uva is a Partner for EisnerAmper LLP working under the firm’s Forensic Litigation and Valuation Services Group. Holding over 20 years of professional experience […]
On April 19-20, 2017, the American Society of Appraisers presented at the 51st Annual NJ-NAIFA Education Conference in Atlantic City, NJ. This two-day event, hosted by the National Association of Independent Fee Appraisers (NAIFA), offered enlightening topics affecting the real property industry. Supported by an exceptionally strong roster of speakers, ASA’s […]
The Appraisal Institute announced March 25 that it attended several high-profile events throughout the month, which helped the organization enhance its role as the valuation profession’s thought leader.
The Appraisal Institute California Government Relations Committee announced March 24 a legislative campaign to amend the state’s appraisal license law to allow state-licensed appraisers to use valuation standards other than the Uniform Standards of Professional Appraisal Practice when performing appraisals for any purpose other than for federally related tra […]
Delinquency rates for commercial mortgage-backed securities fell for the fourth consecutive month in February to 5.58 percent, analytics firm Trepp reported March 19. Experts said that the declining number of delinquencies and a healthy dose of new issuances indicate a strong year for CMBS.
Wells Fargo and JPMorgan Chase were the top commercial/multifamily lenders in 2014, according to the Mortgage Bankers Association’s report, Commercial Real Estate/Multifamily Finance Firms — Annual Origination Volumes, MBA NewsLink reported March 19. The report lists origination volumes in more than 140 categories and ranks 127 different commercial/multifami […]
Foreclosures decreased by 4 percent between January and February, marking the lowest level of foreclosures since August 2006, analytics firm RealtyTrac reported March 19. The report noted the decrease is a sign that the housing market is on track to return to historic norms.
Average fixed mortgage rates moved down during the past week, with the average 30-year fixed mortgage rate continuing to hover below 4 percent, Freddie Mac reported March 19 in its weekly Primary Mortgage Market Survey.
Mortgage lenders are optimistic about the housing market, saying they expect increased mortgage demand and larger profits over the next three months, Fannie Mae reported March 18 in its Mortgage Lender Sentiment Survey. The survey also noted that credit tightening has gradually eased up over the last few months.
Some California farmers are finding that their water has greater value than their land, and so instead of planting crops they are selling their water rights — for as much as $700 per acre foot — to Southern California communities, CBS San Francisco reported March 17.
A bipartisan group of senators, including members of the Senate Banking committee, are fighting against the federal government’s use of Fannie Mae and Freddie Mac’s guarantee fees to cover federal spending, HousingWire reported March 17. The senators said the practice is a “back-door tax” on homeowners.
The Federal Reserve, citing its confidence in the U.S. economy, set the stage March 18 for its first rate hike since 2006 — at the same time it slightly downgraded its economic outlook, USA Today reported. The Fed said growth “had moderated somewhat” due to several factors, including a sluggish housing market.
Fannie Mae and Freddie Mac may need another taxpayer bailout due to increased risks caused by shrinking reserves, according to a report from the Federal Housing Finance Agency Office of Inspector General, Reuters reported March 18. The government-sponsored enterprises received a $187 billion taxpayer bailout in 2008.
Illinois Coalition of Appraisal Professionals
ICAP is one of the nation’s oldest and largest coalition of professional appraisers, established in 1994 to be a unified voice for Real Estate Appraisers in the State of Illinois.