Price/Square Foot - Common Misapplications and Misinterpretations - 11/25/07 01:20 PM
Price per square foot - expressed as $/SF or simply PSF - is a human concoction that brings another way to measure the value of Real Estate. While many helpful uses have been extrapolated from PSF, I want to talk about its' common misuses. When a house sells, it establishes a … (43 comments)
The Value in A Second Opinion - 11/15/07 09:18 PM
I just got off the phone with an agent that wanted to list a home in the East San Fernando Valley area of Pacoima. The purpose of her call was to check if her list price was close to what the market would bear for the property.BackgroundThe property is a 1951 built … (16 comments)
Uh–Pray–Zel? The Relationship Between Valuation and Social Psychology - 11/15/07 03:26 PM
To most people, real estate appraisal is a rather obscure field. That's because appraisal is mostly a business-to-business profession where clients of appraisers are banks, attorneys or other professional organizations - rarely homeowners. Through a series of articles I'll attempt to shed some light into the world of appraisers, personal insight's … (20 comments)
Appraising in “Clouded Markets” - 11/09/07 09:58 AM
Note: Original post "Clouded Markets" redacted for expansion here. Ricardo, Danielle and Robert, thanks for commenting on the original version. A "clouded market" is a term I use to describe when I see "inconsistency" in sales and listing data. This means when I'm reviewing a screen full of MLS listings and sales … (11 comments)
Insights About "Days on Market" and "Listing History"... - 11/07/07 05:56 PM
In a featured post, AR member Bryant Tutas talks about how some sellers try to measure a broker's ability to sell by estimating the average "days on market" of their listings. Here, I want to talk about what exactly "days on market" and more specifically - "Listing History" - means to appraisers … (15 comments)
Brokers, BK Attorney's to Join Ranks? - 11/02/07 11:11 AM
My previous post about House Bill 3609 reported about potential changes to Chapter 13 Bankruptcy Protection allowing courts to modify loans for troubled borrowers. The NAMB is definitely against it. But Mark Zandi (pictured - Moody's Economy.com) is for it. I side with Mark on this issue. It is difficult to … (19 comments)
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Price per square foot - expressed as $/SF or simply PSF - is a human concoction that brings another way to measure the value of Real Estate. While many helpful uses have been extrapolated from PSF, I want to talk about its' common misuses. 
