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Capital Update
April 17, 2019
In this issue...

2019 Metro DC Appraisal Conference Recap

Coming Education

Area News
Coming Education


June 6 - Ignorance Isn't Bliss:Understanding an Investigation by a State Appraiser Regulatory Board or Agency

June 26 - Trainee Development Workshop- Silver Spring, MD - Details to come.

July tbd - Potomac Boat Ride: Chapter Dinner - Details to come.

September 18-20 - Litigation Appraising: Specialized Topics and Applications

October 16 - IRS Summit - Washington DC - Details to come.

November tbd - Metro DC Zoning Update - Washington DC - Details to come.

December 5 - 7-Hour USPAP

December 6 - Business Practice & Ethics

Area News

Home Economy & Politics In One Chart Get email alerts This one chart shows how crazy Amazon is making the Northern Virginia housing market

Real-Estate Agents Dish on the Crystal City Buying Frenzy That Followed Amazon's HQ2 Announcement

After 100 years, Harrison & Bates real estate firm winding down operations

Metro HQ For Lease: Rare Offering

Third Generation Of D.C. Real Estate Family Sells Most Of Its D.C. Portfolio, Shifts To Other Markets

The D.C. region's 2018 housing market, mapped

Tax assessments rise in every Maryland county in 2019, an average of 9.1 percent

College Park's new city hall is expected to cost $8 million more than initial estimates

Four Seasons petition gets mixed support
 

2019 Metro DC Appraisal Conference Recap

Members of the appraisal community came together April 12 at the 2019 Metro DC Appraisal Conference to hear about the latest updates, issues and trends driving the area's real estate market.

Henry J. Goodfriend MCR, Global Lead, Real Estate Transactions, Corporate Global Real Estate for The Estee Lauder Companies opened the conference with the Local Effects of Globalization. His presentation explored the benefits and risks of globalization along with the increasing pressure applied by population growth on all elements of our society including real estate.

Goodfriend was followed by The Appraisal Institute's Director of Government Relations, Bill Garber with an update on the legislative trends framing the area's real estate market and appraisal practices along with the latest news from the Appraisal Institute.

Other sessions included:

Technology Update – MLS with Laurie Egbert who gave us a virtual update and training on Bright MLS.

New Trends in Commercial Report Writing with Lucas Rotter, CEO | Co-Founder, Valcre and Dennis Dull, MAI, Co-Founder & Chief Sales Officer, RealQuantum on cutting-edge developments in report writing technology for commercial appraisers. The discussion was led by Ashton Rowles, MAI, MRICS, Senior Director – Executive Team, Archstone Appraisal Group, Inc.

Federal Tax Update with Ryan McCormick, Senior Vice President & Counsel, Real Estate Roundtable who brought everyone up-to-date on the impact of the recently passed tax reform.

Appraisal Subcommittee Update on state compliance, upgrades and trends for national registries, AMC registration and supervision and temporary waivers from Appraisal Subcommittee Executive Director Jim Park.

Metro DC Development Update session featuring Dr. Stephen S. Fuller, Director, The Stephen S. Fuller Institute and Dwight Schar Faculty Chair and University Professor, The Schar School of Policy and Government at George Mason University and Victor Hoskins, Director, Arlington Economic Development on the details on the Amazon deal and its implications for metro DC real estate. The Amazon session was followed by Northeast Maglev, a preview of the proposed maglev line between Baltimore and Washington DC with David Henley, Project Director, Baltimore Washington Rapid Railand, and a Metro DC Transportation overview of WMATA's real estate development plans by Steve Teitelbaum, Senior Real Estate Advisor - Office of Real Estate and Parking, Washington Metropolitan Area Transit Authority.

George Mann CRE, National and International Review Appraiser, Mann & Mann, LLC closed out the conference program with an exploration of Long-Term Sustainable Value.

We wrapped up the day with a great reception where members discussed the day's presentations, shared stories and enjoyed an open bar and hors d'oeuvres.

Click here for a full recap and presentations.

And Special Thanks to Our Sponsors
Area Appraisal Services
Valcre

 

Missed it? Keep an eye out for the 2020 Metro DC Appraisal Conference. Details coming soon!
Online Education: Learn at your own pace anytime, anywhere. Top-notch Appraisal Institute courses and seminars come straight to your desktop with online education! Learn from any computer anywhere, whenever you have time. It’s easy, convenient and a great way to get the education you want. Check out the current course listing now!

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Washington DC Metro Area Chapter of the Appraisal Institute
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