article thumbnail

Commercial Real Estate Appraisal and Valuation in the Time of Covid-19: What Is the New Normal?

Simonson Real Estate

Retail properties fell off a cliff in Minnesota between the first and second quarters of 2020. Cloud), 174 retail properties closed in the first quarter and so far, only 16 retail property sales have closed in the second quarter. In the urbanized areas (Twin Cities, Rochester, Duluth, St.

Valuation 146
article thumbnail

Appraisals and Valuation Concerns in the Current Market

Simonson Real Estate

Retail properties fell off a cliff in Minnesota between the first and second quarters of 2020. Cloud), 174 retail properties closed in the first quarter and only 45 retail property sales closed in the second quarter. Second-quarter 2020 sales nose-dived to 229 units with a total value of $943 million.

Valuation 130
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Ohio Land for Sale: Is the Market Still Ripe for Growth in 2022?

The Robert Weiler Company

On the other hand, the average prices for office buildings, hotels, and retail malls declined in 2021. Land sales for the office and retail markets increased by 3% in 2021. Overall, residential land sales accounted for 59% of the total land sales and 4% of all residential real estate sales in 2021. Momentum in this true U.S.

article thumbnail

Why Buy Land for Sale in Ohio in 2022? (7 Reasons)

The Robert Weiler Company

Below, we explore why it’s a good idea to buy land in Ohio; the benefits of buying land to build a house or business; and we even detail some alternatives to buying real property… from your couch, if you’re not ready to buy land for sale! Partnering with a commercial real estate firm will streamline your efforts.

article thumbnail

Investing in Commercial Property for Sale in Columbus, Ohio? The Complete Beginner’s Guide!

The Robert Weiler Company

Are you a newcomer to buying commercial property for sale in Columbus, Ohio? retail and restaurant headquarters, but the Columbus, OH real estate and job markets have seen remarkable growth, too. As such, there is no better time than now to seek out commercial real estate in Columbus, Ohio. 1031 Exchanges.

Investing 138
article thumbnail

NAR: Appraisal License Equivalency Credit for RE Agents?

Appraisal Today

In a July 9, 2015, Concept Paper – Alternate Track to the Experience Requirements in the Real Property Appraiser Qualification Criteria, the AQB asked: “Are there practical alternatives for some (or all) of the appraisal experience requirements to include non-appraisal experience?”. Compliance with the Equal Credit Opportunity Act.