Woe is the market analyst who shoots from the hip. There is too much opportunity and rationale these days, or for that matter, at any time, for closer examination of the data, analysis, and conclusions set forth by appraisers reporting the decision-making processes of participants in the real estate market.
Who among us has not been [...]
27
Jul
2009
Capitalization Rates Without Market Activity
Tags: Appraisal, Assessor, Banks, CAP Rates, capitalization, Commercial Real Estate, Economics, Economy, financing, MAI, Oregon, PGP Valuation, Portland, Retail, Taxation, Valuation, Values
06
Feb
2009
In Brief…Measures 47 & 50: Oregon’s Cut And Cap Tax Reform
Tags: added value, annual growth rate, Appraisal, assessment roll, Assessor, circumstances, Closing, Commercial, Commercial Real Estate, constitutional amendment, cooperative effort, department of revenue, exceptions, Industrial, legislation, legislative assembly, levies, Measure 47, Measure 50, new construction, News, Oregon, oregon voters, petitioner, PGP, PGP Valuation, Property, restricted growth, Subdivisions, tax reform act, Taxation, Valuation
Way back in November 1996, Oregon voters passed Measure 47. This was a constitutional amendment popularly referred to as the “cut and cap” tax reform act. The “cut” aspect of the legislation referred to a reduction in taxes for the 1997-98 tax year calculated as the lesser of the 1994-95 taxes or 90 percent of the 1995-96 taxes. Bonded debt would be exempt from the calculations. The “cap” aspect of the measure restricted growth in taxes to no greater than 3 percent annually after the 1997-98 tax year.
06
Feb
2009
PGP Valuation – Portland – Retail Newsletter 1Q 2009
Tags: Bankrupt, Banks, Broker, Brokers, CAP Rates, Circuit City, Commercial Real Estate, Costar, PGP Valuation, Recession, Retail, Taxation, Valuation
PGP Valuation Inc is proud to bring you a Retail Newsletter for the first quarter of 2009. This four page newsletter talks about the economic market and its effects on the retail industry in the northwest and nationally.
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03
Feb
2009
Values Search For The Point Of Inflection
As many property owners are well aware, their properties have quite possibly lost value over the past year. Many of these investors are either (a) stuck holding their properties with blind hope that values will reach the inflection point (point where values change from decreasing to increasing) and begin to regain their recent losses or [...]