real estate

With the housing market in turmoil, and Law Suits flying in every which direction by people trying to make someone else responsible for their choices there is a new law coming which will treat some symptoms but it won't resolve the problem.

Normally I try to keep my profession (Residential Appraising) out of the blogs because so much of what I do deals with opinion. Before I go any further into this let me acknowledge that as in any Profession or Vocation there are bad apples. I am not one of them.  There is more then one way to arrive at a value and not everyone learns all of them, nor in the same way.  Competition is stiff in my field, our company has trained many an Appraiser who at the end of their training when they can go it alone end up taking some business and then becomes competition.  There are some in this industry who acheive increasing their own business by backstabbing others. 

"Misinformation" is not a real word but it works. We read articles and such daily giving us information we believe, or don't believe often based upon who is saying it.  We all tend to believe or not believe an entity, or individual that has met our personal guidelines for being reputable. 

There is SO MUCH information out there it boggles the mind at times, and can get us in trouble if we're not careful about how we pass it along.  Along with many others the current housing market has resulted in alot of extra effort in my job so while I always pay attention to what is going on I found an article yesterday that gives me cause for concern about the information I am getting.