Real Estate Appraisal - Eminent domain bill ready for governor - Salt Lake Tribune

Eminent domain bill ready for governor - Salt Lake Tribune
Jack Draxler, a real estate appraiser by profession, praised the legislation. “Two good professional appraisers can differ, but that difference should not be more than 5 percent,” Draxler said. Even so, such a difference would matter to a property

City land auction: Third time could be the charm - Danbury News-Times
real estate seller, is coping with the current down market. The 2 Welton St. lot was valued at $142,200 in 2006, its most recent appraisal, but the value would be lower now, Assessor Dan Thomas said. “I’d love to get a professional appraiser in

Council approves public art ordinance - Statesman Journal (Real Estate Appraisal)

Council approves public art ordinance - Statesman Journal
We are completely, totally behind this concept,” Rich Harcourt, president of the Oregon Artist Series Foundation, told have had training in architecture, landscape architecture or commercial real estate. One will be an at-large member.

Commissioners OK interlocal agreement - Texarkana Gazette
NEW BOSTON, Texas Bowie County officials took a step Monday toward seeking better use of real estate property that is tax delinquent or soon will be in foreclosure. Bowie County commissioners agreed to partake in an interlocal agreement with the

Houston Office (Real Estate Appraisal) Market

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The downtown Houston office market is a hot topic these days. Recent months have seen a flurry of activity, whether it be leases, move-outs, or acquisitions. It’s no secret that the downtown market continues to be plagued by average vacancies painfully close to 20% and stagnant rents. With the thought that things will improve in the near future, investors have been purchasing properties in earnest. The fourth quarter news was encouraging, notably EPCO, Inc.’s acquisition of 1100 Louisiana, a building in which they have subsequently occupied 300,000 square feet. Also, Wells Real Estate Funds paid the highest per-square-foot price in the Houston office market’s history ($286 psf) for 5 Houston Center. Rumor has it that ChevronTexaco is interested in purchasing the remaining vacant former Enron building, while other energy companies have begun to reclaim shadow space downtown.

Unfortunately, the Central Business District’s recovery is anything but a slam dunk. Two major tenants, Burlington Resources and Bank One, are expected to vacate CBD space in 2006 after acquisitions by ConocoPhillips and Chase, respectively. In the same building Burlington is expected to vacate, Calpine Corp. reduced the amount of space they lease and subsequently lost naming rights to the former Calpine Center, now known by its address, 717 Texas.

Questions still remain about when the downtown office market will see a substantial improvement. It did not happen with the recent influx of New Orleans office tenants, as some thought it would. However, strong job growth has many experts predicting a healthy 2006 for the Houston office market overall, and with the positive fourth quarter numbers, it appears the market is moving in the right direction.

To view this entire article and more market research updates on apartments, offices, industries and retailers and to learn more about the services O’Connor & Associates offers, please visit {A HREF = http://www.poconnor.com}houstoncommercialproperties

About the Author

Patrick O’Connor, MAI is president of O’Connor & Associates. The firm, in business since 1974, specializes in nationwide real estate appraisals, research, and state and federal tax reduction services. O’Connor is frequently acknowledged by national publications as a respected source of information on real estate trends.

How to qualify for the best mortgage (Real Estate Appraisal) rates you hear advertised - Examiner

How to qualify for the best mortgage rates you hear advertised - Examiner
Whether you are buying a house, an investment property, or refinancing a current mortgage, there is a long list of variables that determine what rates you will pay. In addition to considering rates, there are still many types of loans available, each

Property owners say no delinquency - Post-Tribune
Mathis said an appraisal on the property showed it was worth $1.4 million, so he He said using a 2006 property value was unfair because of how prices in the real estate market have dropped. He said he did not think there was a large gap between