Your quarterly news from NCAI. For more information visit www.ncappraisalinstitute.org.
 
   Upcoming Events
 
O C T
22
Fri
Join John Bosworth, MAI, SRA, Senior Managing Director at Valbridge Property Advisors, as he discusses business practice issues, standards, and principles. Registration rates increase on 10/19.
 
 
 
N O V
2
Tues
New Seminar! Charles T. Brigden, MAI, CRE, FRICS, Executive Vice President at JLL and Richard J. Roddewig, MAI, CRE, FRICS, Managing Director at JLL will guide attendees through the appraisal process and share the complexities of appraising historic preservation easements.
 
 
N O V
4
Thurs
Join CompStak (a NCAI Annual Sponsor) on November 4 to learn how to fully utilize the platform, including a brand-new analytics dashboard, which showcases the latest CRE trends and deals in your market. Free to attend!
 
 
 
 
 
   Chapter News
 
Thank you to all those who attended the 2021 REVC and to our event sponsors and speakers. On September 2, attendees heard insights into market trends, challenges, highlights and developments in the commercial, retail, residential, office, industrial, healthcare, finance, and hospitality sectors. This year’s attendees raved about the conference and are already looking forward to next year!
 
This past July, Chapter members Mike Moody, MAI, Mike Elwell, MAI, SRA, R/W-AC, John C. Palmer, MAI, CCIM, and Greyson S. Morgan, MAI had a very successful visit to the state capitol where they met with Representative Jon Hardister, House Majority Whip; Representative John Bell, House Majority Leader; Representative Terry Brown; and Representative Brian Turner to discuss current and upcoming legislation topics that impact the North Carolina appraisal industry.
 
Over the summer, members in the Metrolina area gave back to their local community by volunteering with the Crisis Assistance Ministry to help sort clothes and donated household items for families in need. In addition, members in the Asheville area connected for happy hour at Blue Ghost Brewery! And in September, 30+ members gathered virtually and heard committee updates about the Chapter’s summer activities, learned what’s ahead, and celebrated our newly designated members, Ashley Cate Cooper, MAI and Stephen M. Worthy, SRA, AI-GRS, AI-RRS. Ashley earned the MAI designation and Stephen earned the SRA and AI-RRS designations. Congratulations to them both!

Save the date: Q4 Chapter Business Meeting & Installation Ceremony is on December 9 at the Foundation for the Carolinas in Charlotte, NC. More details coming soon.
 
We’d like to welcome to our newest members to the Chapter! Welcome Ashley Cooper, MAI, Kristina Van Buskirk, Bradley Dunn, Sueann Nelson, Parker Howard, Gregory Smith, Julie Lemonds and Tyler Skaggs!
 
A few job opportunities have been added to our job board! Are you hiring? Publicize available positions to the highest quality and most relevant candidates in the industry. There is no cost to submit a job posting.
 
   Legislative
 
Today, through the First Look Program, the Federal Housing Finance Agency (FHFA) extended from 20 to 30 days, the period during which owner-occupants, public entities, and nonprofits will have exclusive ability to buy Fannie Mae and Freddie Mac (the Enterprises) real estate owned (REO) properties before they are available for investor purchase.
 
Since President Biden took office, the economy has created more than 4 million jobs, with an average of more than 830,000 new jobs over the last three months. In the first half of the year, the economy grew at the fastest rate seen in nearly 40 years.
 
Federal Reserve Chair Jerome Powell said it was still too soon to scale back the central bank’s aggressive support for the U.S. economy, while acknowledging that inflation has risen faster than expected.
 
   Industry/National News
 
It's the latest example of racial inequities in the housing sector, a well-documented phenomenon that has led to lower rates of homeownership among Black and Latino families.
 
The hotel sector continues to bounce back from a devastating 2020, according to new reports from STR and JLL Hotels.
 
As investor interest in ESG strategy rises, LEED-certified office provides a key indicator on comparative performance By 2023, 80% of investors intend to incorporate ESG into their strategy.
 
 

Thank You 2021 NCAI Sponsors

Chairman

 
Contributor
 
NC Chapter of the Appraisal Institute
1300 Baxter St., Ste. 360
Charlotte, NC 28204
704-719-2644
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