Members and nonmembers were busy in Q1 & Q2 taking a variety of residential and commercial courses before this cycle’s CE deadline which was the end of May. The Chapter held over 10 successful virtual education courses in addition to hosting a webinar lead by our annual sponsor, CompStak, who showcased their platform and gave an exclusive look at their brand-new analytics dashboard that highlights the latest CRE trends and deals in the market. Education for the Fall and Winter is coming soon. Watch the website and your email for announcements!

Originally published on April 28, 2021, by the Federal Housing Finance Agency.

​​​​​​Washington, D.C. – The Federal Housing Finance Agency (FHFA) announced today Fannie Mae and Freddie Mac (the Enterprises) will implement a new refinance option for low-income borrowers with Enterprise-backed single-family mortgages. Eligible borrowers will benefit from a reduced interest rate and lower monthly payment. FHFA estimates that borrowers who take advantage of the new refinance option could save an average of between $100 and $250 a month.  

This past Thursday, members and guests virtually attended the 2020 Q4 Chapter Business Meeting and Installation Ceremony. We celebrated our newly designated members (Chesney S. Baker, MAI, SRA, AI-GRS; Brian T. Bryant, MAI, AI-GRS; Nirzarni A. Coston, MAI; and William S. Overton, MAI), heard committee updates on how we ended the year, Chris Johnson, MAI, SRA, AI-GRS, ASA gave his final address as the 2020 President, and the 2021 officers were installed, including 2021 President, Mike Moody, MAI.

North Carolina Appraisal Board’s (NCAB) Executive Director, Don Rodgers, and Deputy Director, Tom Lewis joined us on our NCAI Connect Webinar Series yesterday.

Don Rodgers gave an update on the changes to the leadership of the board, with Charles McGill stepping down as chairman and David Reitzel voted in as chairman. The board recently transitioned to the new appraiser standards and qualifications based on the AQB Standards, which are already having a positive impact on licensing. Highlighting the new online renewal system, Don commented that NCAB was pleased with the success of the new process and that most appraisers have utilized the process for renewal. NCAB is very supportive of the virtual learning platform (zoom, blue jeans, etc.) that has been utilized for USPAP courses and CE due to the COVID-19 pandemic. This hybrid classroom experience had not been contemplated by ASC or NCAB prior to the crisis, but with positive reactions from attendees, NCAB is supportive of considering its adoption. However, such adoption will first require approval from ASC, with a formal hearing and public commenting period, so it may be a while before it is adopted permanently. For now, it can be used until September 30, 2020.

Join us Thursday to elect the 2021 Slate of Nominees for Officers, Directors, Regional Representative, & Alternate Regional Representatives, hear updates about what the Chapter has been doing, and congratulate our newly designated members!

Please make sure to register prior to joining the meeting in order to receive the 2 AI credits.

Join us for our Q1 Chapter Business Meeting (CBM) via Zoom Meeting on Wednesday, March 25 at 2pm!

The Appraisal Institute will host its Annual Conference Aug. 3-5, 2020, in Orlando, Florida. This event promises to be a fantastic opportunity for valuation professionals to learn, network and have fun. Watch the Appraisal Institute’s latest video to learn more about the valuation profession’s biggest event of the year.

Real estate professionals from around the world are invited to join and:

This past December, over 110 members & guests attended the 2019 Q4 Chapter Business Meeting and Installation Banquet at the Myers Park Country Club in Charlotte. Last month’s program was packed full with 6 newly designated members receiving their certificates, a thrilling PAC raffle, committee updates on how we ended the year, a special presentation honoring the late Ted Anglin, MAI, Sheri Colvin, MAI gave her final address as the 2019 President, and the 2020 officers were installed, including 2020 President, Chris Johnson, MAI, SRA, ASA. Check out photos of the event below (more coming soon!) and read Sheri’s farewell and Chris’ kickoff letters. 

More than 525 real estate professionals from around the world attended the opening session of the valuation profession’s most important annual event, hosted by the Appraisal Institute, the nation’s largest professional association of real estate appraisers.

The 2019 Appraisal Institute Annual Conference, held at the downtown Hyatt Regency Denver, featured world-renowned keynote speakers, 30 breakout sessions on trend-setting valuation topics, networking opportunities for industry professionals, an exhibit hall featuring cutting-edge products and services and an awards ceremony honoring the valuation profession’s best and brightest.

The Appraisal Institute announced June 26 that its elected officers and others represented the organization at major industry events during the past month.

President Stephen S. Wagner, MAI, SRA, AI-GRS; Vice President Rodman Schley, MAI, SRA; Immediate Past President James L. Murrett, MAI, SRA; and CEO Jim Amorin, MAI, SRA, AI-GRS, attended the Appraisal Institute of Canada Annual Conference, June 5-8, in St. John’s, Newfoundland.

Wagner and Amorin also attended the Institute for Professionals in Taxation Annual Conference, June 23-26, in San Antonio.

President-Elect Jefferson L. Sherman, MAI, AI-GRS, represented AI at the International Right of Way Association Education Conference, June 9-12, in Portland, Oregon, where he sat on the panel for “Corridor Valuation: An Overview and New Alternatives.” AI also exhibited at the event.

AI’s 2016 President, Scott Robinson, MAI, SRA, AI-GRS, AI-RRS, participated in the International Valuation Standards Council/World Association of Valuation Organizations Global Valuation Conference, June 13-14, in Frankfurt, Germany, where he presented on “Impact and Opportunity of Technology-Based Valuation.” AI’s 2010 President, Leslie P. Sellers, MAI, SRA, AI-GRS, represented the Appraisal Institute at a June 18 meeting of the International Valuation Standards Council’s Advisory Forum Working Group in London, England.

The 2^nd Quarter Chapter Business Meeting was held in Asheville, NC this past week.  The guest speaker was NC House Representative Brian Turner who provided an informative overview of upcoming priorities for the NC General Assembly.  He also took questions from the audience on a variety of issues.  During the meeting the chapter celebrated two new designees Laura Gourley, AI-GRS and Bill Johnson, MAI and acknowledged the Q2 education scholarship recipients Erica Butler, Joel Phillips and Mary Coltrane.

NCAI is pleased to offer Parking and Its Impact on Value of North Carolina Properties to it's members while also supporting the 2019 Leadership Development & Advisory Council (LDAC) Participants. This event is on April 2, 2019 at the Harris Campus Central Piedmont Community College in Charlotte, NC. Instructor Ted Anglyn is donating his time to instruct this course as an effort to raise funds for this cause.

ALL PROFITS from this course and any additional donations will go toward support for NCAI’s LDAC participants.

The Appraisal Institute announced Jan. 9 that it is accepting nominations for the Lifetime Achievement Award and the Outstanding Service Award, two ways AI recognizes some of its most deserving professionals. Nominations for both awards are due May 24. Awards will be presented at the Appraisal Institute's 2019 Annual Conference July 22-24 in Denver.

Click here to learn more.

Dear NCAI Member, 

I hope 2018 was a great year for you, your family, and your business, and I wish you a healthy and prosperous New Year in 2019!