Market Disturbances-Appraisals in Atypical Markets and Cycles
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Market analysis is a fundamental cornerstone in completing a credible appraisal. This course is intended to assist appraisers in understanding the need for and requirements to develop a sound market analysis in residential appraisal assignments. Special emphasis will be given in researching and analyzing markets in atypical scenarios and cycles such as areas impacted by environmental disturbances such as hurricanes and fires and economic turbulences such as real estate bubbles, bursts and pandemics. The course begins with a brief discussion as to why a market analysis is an integral part of the appraisal process and is followed by numerous case studies showing research, analysis and reporting strategies.