Thank you, members, for an incredible year!
Happy Holidays and we look forward to an exciting 2022!
 
   Upcoming 2022 Events
 
J A N
20
Thurs
Join Joyce Pusey, SRA, AI-RRS, owner of Pusey & Associates Inc, at McKimmon Conference and Training Center in Raleigh, NC.
 
 
 
F E B
17
Thurs
Join Joyce Pusey, SRA, AI-RRS, owner of Pusey & Associates Inc, at Cape Fear Community College, Union Station (U) Building in Wilmington, NC.
 
 
 
M A R
10
Thurs
Join Joyce Pusey, SRA, AI-RRS, owner of Pusey & Associates Inc, on Zoom.
 
 
 
 
 
   Chapter News
 
Last week, 55+ members & guests celebrated at the 2021 Q4 Chapter Business Meeting and Installation Ceremony held at the Foundation for the Carolinas in Charlotte. This year’s event highlighted members who received designations in 2021; raised money for the Chapter’s PAC; the Chapter recognized the late J. Scott Robinson, MAI, SRA, AI-GRS, AI-RRS, MRICS by presenting a commemorative crystal to his wife, Kim, who was in attendance; the Chapter also announced that the Installation Ceremony has been officially renamed to the J. Scott Robinson Installation Ceremony; Mike Moody, MAI gave his final address as the 2021 President, and the 2022 officers were installed, including 2022 President, Vanessa Hall, MAI. Check out photos of the event!
 
We’d like to welcome our new members who joined the Chapter in 2021! The newest members who joined in Q4 are Claudia Ray, Joel Phillips, and Christian Varela.
 
Congratulations to the NCAI members who received designations in 2021!
 
Check out our committee webpage for more information about the committees available and the interest form. Another way to get involved to is participate in our Sponsorship Program to gain year-round visibility while championing the industry in North Carolina. Special thanks to our 2021 Sponsors CompStak & Colvin, Sutton, Winters & Associates, LLC.
 
New opportunities have been added to our job board! Are you hiring? Publicize available positions to the highest quality and most relevant candidates in the industry. There is no cost to submit a job posting.
 
   Legislative
 
According to the latest Annual Builder Practices Survey (ABPS), one in four new single-family detached homes were built in established neighborhoods in 2020. Homes built on infill lots constituted 18.6% of new homes, while homes built after tearing down an existing building constituted 6.4% of new homes.
 
The U.S. Treasury Department will begin developing regulations that could expand reporting requirements for all-cash real estate purchases as part of the Biden administration’s efforts to cut down on global corruption, according to two senior administration officials.
 
The Consumer Financial Protection Bureau, the Federal Reserve Board, and the Office of the Comptroller of the Currency today announced that the 2022 threshold for exempting loans from special appraisal requirements for higher-priced mortgage loans will increase from $27,200 to $28,500.
 
   Industry/National News
 
Renters were three times more likely than homeowners to miss payments during September and October, according to updated research released Tuesday by the Mortgage Bankers Association’s Research Institute for Housing America.
 
Retail real estate continues to recover, with growing interest in the Sunbelt states and the suburbs; urban retail is expected to rebound once office workers return and tourism picks up, JLL reported Dec. 6 in its Retail Recovery report. Open-air shopping centers remain the sector’s strongest assets, and as for indoor malls — the good ones are here to sta
 
Cap rates for the single-tenant, net lease medical sector compressed 55 basis points during the third quarter to 5.95% when compared to the same point a year ago, The Boulder Group reported Dec. 2 in its Q3 Net Lease Medical Report. The overall net lease market, comprised of retail, office and industrial, was down 23 basis points year-to-year.
 
 

Thank You 2021 NCAI Sponsors

Chairman

 
Contributor
 
NC Chapter of the Appraisal Institute
1300 Baxter St., Ste. 360
Charlotte, NC 28204
704-719-2644
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