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Issue of April 21, 2008 |     |
Building a Better NewspaperBy Vincent Michael Valvo When appraisers look at land, often they’re examining it to determine its highest and best use. No matter how strong the structure that already exists on it, might a bigger and better one be more appropriate? Downtown Rising Boston’s Downtown Crossing has practically made a pastime out of reinventing itself. What originally began as a residential neighborhood in the 17th century became a retail hub in the early 1900s, as department stores debuted and commercial skyscrapers cropped up. Today, the historic district faces another metamorphosis: Developments currently under construction promise additional retail, residential units, hotel rooms and student housing within the next five years, totaling an investment of $1.2 billion, according to the Downtown Crossing Association. Buyer Beware Some of Boston’s landlords apparently have the uncanny ability to increase square footage in their properties – without actually doing anything. Home Valuation Code of Conduct a Cause for Concern By Lorrie Beaumont annie Mae, Freddie Mac and their regulator, the Office of Federal Housing Enterprise Oversight (OFHEO), along with New York Attorney General Andrew Cuomo, recently entered into an agreement to implement the Home Valuation Code of Conduct. Though the agreement is a good one overall, it is not without some controversy within the appraisal profession. Move Managers Can Help Realtors Speed Up, Smooth Sale Process By Lynn Falwell & Janice Armour As Realtors, one of the most challenging and rewarding scenarios you encounter may be that of the older seller who has been in their home for 30, 40 or even 50 years. When doing a current market assessment at such a residence, you may find any or all of the following situations: a house that is tired and showing signs of deferred maintenance; spaces that are dark with dated furnishings; or a home that is in need of a good cleaning and may be too cluttered to even consider showing or listing without significant help. Check & Balance Banker & Tradesman's political cartoon. |
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