Category Archives: Uncategorized

The Future of Transportation?

The Future of Transportation?

What on earth does the decidedly ordinary-looking home in the photo have to do with the future of transportation, you might ask. In 2016, Elon Musk, founder and CEO of Tesla and SpaceX, was stuck in traffic and decided to start digging – tunnels – to offer yet another transportation alternative.  The Boring Company thus … Continue reading The Future of Transportation?

Appraisals Under Assault (again)

Appraisals Under Assault (again)

Appraisers have been in the crosshairs of the lending industry and regulators for decades – licensing, de minimis thresholds, HVCC and Appraisal Management Companies (AMC’s), Automated Valuation Models (AVM’s), Collateral Underwriter, evaluations, appraisal waivers and hybrid appraisals. Now a working paper titled “Appraising Home Purchase Appraisals” published by the Federal Reserve Bank of Philadelphia in … Continue reading Appraisals Under Assault (again)

Remembering 9/11

Remembering 9/11

Most of us remember where we were when life-changing world events happened. I’m old enough to remember being on an elementary school playground when a voice over the loudspeaker announced the assassination of President Kennedy in 1963. And I’m certain most of us remember where we were and what we were doing when news broke … Continue reading Remembering 9/11

The Face of Homelessness

The Face of Homelessness

I’ve befriended a homeless guy. His name is Kenny – a Vietnam vet with family out of state, lived in his own apartment and worked decades for an aerospace company before retiring in 2012. At which time, for reasons that still aren’t quite clear, Kenny became homeless. He currently hangs out on the street by … Continue reading The Face of Homelessness

Are Home Prices on a Collision Course with Tax Reform?

Are Home Prices on a Collision Course with Tax Reform?

Tax reform legislation signed into law just before Christmas will have ramifications for virtually every taxpayer. Two features are particularly important with respect to their direct impact on the housing market: limiting deduction of mortgage interest on new loans in excess of $750,000, and deduction of state and local taxes (SALT, including state/local income and … Continue reading Are Home Prices on a Collision Course with Tax Reform?