Outlook for 2017 & Beyond

Members of the appraisal community convened for an update on the economic outlook for real estate in the Metro DC area for 2017 and beyond. The program offered an overall economic review as well as individual reports for commercial finance, retail, office and residential segments of the real estate market. Presenters addressed current inventory, projected supply and demand and investment dynamics for each market segment. Click the links below to see each presenters' slide deck.

William Rich – Senior Vice President, Delta Associates – Outlook & Multi-Family/Condo Market
R. William Kent – Executive Vice President, CB Richard Ellis – Retail Market
Trevor Campbell – Vice President - Finance, Jones Lang Lasalle – Office Market
Ben Sage – Director, Mid-Atlantic Region, Metrostudy - Residential Market

At the chapter meeting which followed, 2017 Chapter President, Melanie Shields, MAI, recognized a newly designated SRA, Jonathan Aikin, and outgoing Chapter President, Bob Johnson, MAI.

AIDC Past President, Don Boucher, SRA, swears in the 2017 Board of Directors.

Click here for the full list of the 2017 AIDC Board of Directors.

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• Develop ways to assess potential contributory value of green or energy-efficient items
• Identify the GRM analysis as a tool for supporting adjustments for green buildings
• Identify the use of paired analysis to support adjustments for green buildings
• Identify the issues requiring careful verification of comparables for green buildings
• Develop the three approaches to value in context of green buildings

• December home sales down, prices up in D.C. inner core
• HVS Market Pulse: Washington, D.C.
• Historic B&B in Hume, Va. lists for $1.5M
• N.Va. real estate market sees best sales year in a decade
• Maryland Department of Assessments and Taxation sees rebound in real estate
• Md. property values growing at 'steady pace'