Urban Land Institute 3Q Forecast

A bit of optimism

The ULI semi-annual Real Estate Economic Forecast survey of 43 economists and analysts at 37 real estate organizations said the recovery will likely start next year and be even more positive in 2022, though growth will likely vary by sector. Real estate market conditions and values should hold up much better than was expected six months ago, with industrial real estate and single-family housing expected to perform best.


Don't forget:  An Economist is an expert who will know tomorrow why the things he predicted yesterday didn't happen today.”  

If you're considering adding an accessory dwelling to your property, there's a good chance you're interested in the impact it could have on your property value. This consideration is especially important if you are taking out a loan or refinancing your mortgage to add an accessory dwelling. Before getting into the details of how appraisals work for accessory dwellings, here’s a look at what exactly an accessory dwelling is and how it can affect the value of your property: Read More
First and foremost: appraisals are opinions, and everybody has one. The distinction being that appraisers render a professional opinion. Reports by licensed appraisers are certified as meeting the Uniform Standards of Professional Practice. The value reported must conform to the legal definition and concept of “market value.” Read More
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