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Congratulations to Our Newly Designated Members

Congratulations to our newest designees:

  • Claire M. Aufrance, MAI, SRA
  • Brian Crowder, MAI, SRA
  • Rusty C. King, MAI
  • C. Thomas Kirby, SRA, AI-RRS
  • Andy E. Piner, MAI
  • B. Kyle Saylors, MAI

Home Sales and Prices to Rise this Year, NAR Reports

A stronger economy, wage growth and an improving job market are expected to march home sales and prices higher in 2018, but low supply and weakening affordability will tamper the rate of increases, according to speakers at a residential real estate forum during the 2018 REALTORS® Legislative Meetings & Trade Expo.

Lawrence Yun, chief economist of the National Association of Realtors®, presented his 2018 midyear forecast and said despite headwinds a moderate and multiyear increase in home sales is likely ahead. After accelerating 3.8 percent in 2016, existing home sales rose only 1.1 percent to 5.5 million in 2017 and are forecast to finish 2018 at a pace of around 5.6 million (up 1.8 percent). He projects 5.7 million sales for 2019.

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Appraisal Institute Contributes at Major Industry Events in June

The Appraisal Institute announced June 27 that its elected officers and others represented the organization at various events throughout the month.
 
AI President James L. Murrett, MAI, SRA, was joined by President-Elect Stephen S. Wagner, MAI, SRA, AI-GRS; Vice President Jefferson L. Sherman, MAI, AI-GRS; and Immediate Past President and Acting CEO Jim Amorin, MAI, SRA, AI-GRS, at the Appraisal Institute of Canada Annual Conference, June 13-16, in Quebec City.
 
Sherman also addressed the Ohio Coalition of Appraisal Professionals Real Estate Appraiser Seminar, June 19, in Columbus, Ohio, where he presented “Issues Affecting the Appraisal Community.”
 
Amorin attended the National Council of Real Estate Investment Fiduciaries Summer Conference, June 19-22, in Charlotte, North Carolina; Sherman represented AI at the International Right of Way Association Education Conference, June 24-27, in Edmonton, Alberta, where AI also exhibited; and Wagner joined Murrett at the Institute for Professionals in Taxation Annual Conference, June 24-27, in Vancouver, British Columbia.
 
AI 2016 President Scott Robinson, MAI, SRA, AI-GRS, AI-RRS, addressed the World Association of Valuation Organizations’ and International Valuation Standards Council’s Global Valuation Conference, June 25-26, in Singapore where he presented “Fundamentals of Separating Real Property, Personal Property and Intangible Business Assets.”
 
AI exhibited at the CRE Finance Council June Conference, June 11-13, in New York.

NCAI Announces New Management

The North Carolina Chapter of the Appraisal Institute (NCAI) is pleased to announce our new partnership with TH Mgmt., Inc. The Executive Committee and the Board of Directors are confident that this exciting organizational change will help us further the mission of the Chapter and stay true to the professional growth of our members.

TH Mgmt., Inc. is a full-service, accredited association management company and has delivered high-quality management to professional associations like ours since 1991. Among their clients are the Charlotte Region Commercial Board of REALTORS® (CRCBR), Urban Land Institute (ULI) of Charlotte, National Association for Industrial and Office Parks (NAIOP) of Charlotte, and CoreNet Carolinas. Their professionalism, experience, and marketing prowess were major factors to which the Chapter leadership was drawn.

Appraisal Institute Releases Guide to "Residential Green" Addendum

The Appraisal Institute, the nation’s largest professional association of real estate appraisers, today released a guide to complete and use the organization’s “Residential Green and Energy Efficient Addendum.”

This guide helps appraisers, real estate agents, energy and green raters, lenders, builders, the secondary mortgage market and sustainability organizations understand how each section of the addendum applies to valuation and marketing of the property.

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