Rachel Massey's (annarborappraiser) Blog

Appraising the Right Way - Part 1 - Requiem for a Dream Reposted with permission by Woody Fincham, SRA and yours truly     We are two appraisers separated by a three- hour flight or a nine-hour car ride.  We have never met in person, but have come to know one another through social media.  We are...

What is a bifurcated market? I am sure you have all heard the term bifurcated before; the question is what does it mean? Basically a bifurcation of the market relates to two different market segments that may have the appearance of being the same, but in essence are not; two different branches as...

Condition matters As a follow-up to the piece on cigarette odor from a month ago, I took a look at a series of sales that showcase how much condition differences can affect the sales price of a house, even in relatively lower prices for an area. Most real estate professionals will agree that cond...