Editor’s Note: This new award category honors the brightest young ASA leaders, age 40 and under, who have demonstrated success throughout the year. ASA sat down with Bharat Kanodia, ASA, to take a closer look at this latest offering. What was the driving force behind the creation of the Rising Stars award? William Johnston, ASA, […]
Editor’s Note: The American Society of Appraisers Northern New Jersey Chapter will host the 2018 New Jersey Business Valuation Conference on Friday, February 23, 2018 at the Saddle Brook Marriott in Saddle Brook, New Jersey. ASA sat down with the chapter’s organizing committee (Richard Barre, ASA; Dhaval Jani, ASA; Mike Lavelle, ASA; Daniel Roche, ASA; and D […]
Editor’s Note: The American Society of Appraisers (ASA) provides several listservs for the benefits of its members. ASA understands the importance of keeping members connected by creating an online community allowing members to engage, connect and promote knowledge with others in the field. In preparation for the release of the Society’s highly anticipated […]
The American Society of Appraisers recently held its 2017 Advanced Business Valuation Conference on October 7-10, 2017 in Houston, Texas at the Hilton Americas. This conference presented the most comprehensive Business Valuation educational programming available, taught by the world’s top Business Valuation professionals. This three-day event offered attende […]
The American Society of Appraisers recently held its annual 2017 International Appraisers Conference on October 7-10, 2017 in Houston, Texas at the Hilton Americas. In keeping the tradition of providing the highest-level of education for appraisal experts, this year’s IAC featured more than 40 sessions of the most comprehensive educational programming availa […]
On December 3, 2017, the American Society of Appraisers had the pleasure of supporting the 7th International Forum on New Development of Valuation held in Beijing, China. Jointly sponsored by the American Society of Appraisers; China Appraisal Society; Capital University of Economics and Business; Business Value Research Center of Zhongnan University of Econ […]
On November 13-15, 2017, the American Society of Appraisers participated at the Forensic and Valuation Services Conference in Las Vegas, Nevada. This three-day event, hosted by the American Institute of Certified Public Accountants (AICPA), offered astonishing sessions, first class exhibitions, and unparalleled networking opportunities. Supported by an excep […]
On Tuesday, October 24, 2017, ASA’s NorCal Chapter launched its Rising Stars event in San Francisco, California. This remarkable affair took place at the University Club of San Francisco creating an ambiance of style and sophistication. Coordinated by dedicated members of the Chapter, this occasion was driven to attract individuals from the area who were […] […]
On September 23-24, 2017, ASA attended one of the largest gathering of Gems and Jewelry professionals at the World of Gems Conference in Glenview, Illinois. Globally recognized as a premier industry event, this international conference offered cutting edge topics on current market trends and gemological education. ASA was represented by California-based gems […]
Representatives from ASA’s Real Property Discipline recently participated in the International Association of Assessing Officers (IAAO) annual conference on September 24-26, 2017 in Las Vegas, NV. This year’s event featured one of the most knowledgeable and respected analysts on Wall Street, Steve Eisman, who inaugurated the conference with his keynote addre […]
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.