Category Archives: Economic Observations

Gary shares short observations about the economy.

A Street By Any Other Name

Lifehacker ran an excerpt from a video by Phil Edwards this morning concerning street names. Apparently, some municipalities, state transportation departments, and county planners use naming conventions for the last part of street names, such as ___ Street, ___ Blvd, … Continue reading

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Why Aren't Big Banks Lending?

Image by Tracy O via Flickr The Business Review reports an explanation from Hugh Johnson: Hugh Johnson, chief investment officer for Johnson Illington Advisors in Albany, said there may be other reasons why big banks aren’t throwing open the purse … Continue reading

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What's the Cap Rate?

A group of brokers recently asked me to comment on another appraiser’s newsletter. The newsletter reported three capitalization rates, each for a different property. “How can this possibly be the retail cap rate in our region?” they asked about one.

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The Valuation of a View

I presented a PowerPoint presentation on the appraisal of the Olana Viewshed (and conservation easements in general) on May 16, 2009 at the Hudson Valley ASA Fred Iusi Conference in Albany, NY. Here’s a sample of the presentation (without audio). … Continue reading

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Statistical Stupor

The availability of statistics has made the appraiser’s life much easier over the last ten years. But good access to data does not ensure good analysis. My friend, appraiser Robert Pichette (Real Estate Appraisal Associates, West Milford, NJ), sent this … Continue reading

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