The AIDC Town Hall on Tuesday, September 29 for a Town Hall served an update on the state of appraisers and appraising in the metro DC area. Our distinguished panel of appraisers shared their recent experience and outlook for the coming months. Our panel included:

Bruce Flanagan, Jr. SRA - Flanagan Associates
John Lansbury, MAI - Metropolitan Commercial Valuations
Tamora Papas, SRA - Pinnacle Performance, Inc.
Matt Smith, MAI - Joseph J. Blake and Associates, Inc.

Here's a brief sample of observations:

  • In a quick poll of the audience, over half believe 2021 will be better and then some.
  • There's been lots of work but it seems harder than it has been in the past.
  • It seems it seems there are very few solid data points to support my conclusions. Everything's in flux.
  • I think it's interesting the way that the whole pandemic has affected different property types in dramatically different ways.
  • Retailers are coming back pretty well in some suburbs, but not so much in others.

Click the image below to view the entire program and get all the details of the conversations.

 

 

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