Category Archives: Residential Properties

POOR REAL ESTATE LENDING, UNDERWRITING, APPRAISAL REVIEW, FRAUD AND MISMANAGEMENT

By James R. MacCrate, MAI, CRE, ASA Introduction One wonders how the current financial crisis developed in this country. After all, we have faced  numerous financial crises dating back to the early 1800’s. The financial institutions, regulators, accounting firms, credit rating agencies, and … Continue reading

Posted in Appraisal Reviews, Ethics, Real Estate Litigation Support, Residential Properties | Tagged , , , , , , , , , | 3 Comments

NY Court Allows Cuomo Suit Over Bogus Home Appraisals

“NEW YORK, June 8 (Reuters) – New York can proceed with a lawsuit accusing title insurer First American Corp of colluding with Washington Mutual Inc (WAMUQ.PK) to fraudulently inflate home values, a state appeals court unanimously ruled on Tuesday.” Read … Continue reading

Posted in Appraisal Process, Ethics, Real Estate Litigation Support, Residential Properties, Residential Valuation, Uniform Standards of Professional Appraisal Practice | Tagged ,

Macro Overview of the Residential Markets – Research Links & Analysis

By James R. MacCrate, MAI, CRE, ASA Overview Many economists and other real estate professionals are having a difficult time understanding the residential housing markets because interest rates are relatively low, prices have fallen sharply in many markets, and a … Continue reading

Posted in Highest & Best Use, Real Estate Market Analysis, Residential Properties, Residential Valuation | Tagged , , , | 3 Comments

Housing in the New York Metropolitan Area

Housing in the New York Metropolitan Area – February 28, 2009 By James R. MacCrate, MAI, CRE, ASA and Terry V. Grissom, PhD The turmoil in the housing markets has been a prolific topic for the media, professional journals, and … Continue reading

Posted in Real Estate Market Analysis, Residential Properties, Residential Valuation | Tagged , , , , , | 2 Comments