Appraisal Profession, Appraising, Helpful Info For Agents, Helpful to Home Owners, Helpful to Homeowners

How Surplus & Excess Land Work

Welcome to 2021! I hope you all are hanging in there and doing as well humanly possible. To start off the new year, I thought that I would tackle the topic of land.  It can be easy to over-simplify value because value is not always as clear cut as it appears. For example, if a… Continue reading How Surplus & Excess Land Work

Appraisal Profession, Appraising

How Vaccines & Value Development Have Sped Up

Are you concerned about the speed for which the COVID-19 vaccines are being developed? Can they be reliable even though the process has been much faster this time? It used to take years to develop a vaccine. However, as we continue to deal with the fallout from the pandemic, scientists have been working around the… Continue reading How Vaccines & Value Development Have Sped Up

Appraisal Profession, Appraising, Cleveland Area, Helpful for FSBO, Helpful Info For Agents, Helpful to Home Owners, Market Activity

Closing The Gap Between Yesterday’s Prices & Today’s Values

Real estate professionals have had a very busy year. Homes are selling, often within days, with multiple bids. This is largely due to an extended period of a shortage of home listings. This shortage has driven home prices up across the country. You can see this happening in my graph below, which reflects the relationship… Continue reading Closing The Gap Between Yesterday’s Prices & Today’s Values

Appraisal Profession, Appraising, Cleveland Area, Helpful Info For Agents, Helpful to Homeowners, Just For Fun

Is There A Value Difference Between Streets, Avenues & Boulevards…?

Have you ever wondered if there is a value difference between homes on a street, an avenue or boulevard? I talk about it in this article.