The 2023 tax appeal season is upon us. The Jefferson County PVA has announced that 84,502 reassessments for the following neighborhoods have gone out: Downtown Central Business District (CBD), Old Louisville, Russell, Chickasaw, Portland, Park Hill, California, Pleasure Ridge Park, Read more…
Our Chief Appraiser, Jason Ferris, MAI, SRA, will be teaching a seminar for ProBank Education Services / Forvis to commercial bankers and lenders nationwide on March 14, 2023. The seminar will discuss how banks should view short-term rental (STR) properties, Read more…
Louisville, like most of the Midwest, you’ve heard me say before, is generally consistent, low risk, and relatively unexciting. For real estate investors, or should I say “long-term real estate investors”, this is good news. We just don’t have the Read more…
Bell Ferris is back at it! We have submitted our “Impact of Short-Term Rentals on Real Estate Appraising” for re-approval in Kentucky in August 2022. We are most likely going to be teaching this class to Certified Residential and Certified Read more…
Recently, I taught my 2nd continuing education class for appraisers in Colorado. The topic was how to appraise AirBNB and VRBO single-family houses, collectively known as Short-Term Rentals (STR’s). We discussed the place that STR’s have in the new sharing Read more…
The Upside Down Summer 2021 Louisville Housing Market The Impact of Inventory Shortages – More Money Chasing Less Product Appraisers like predictable patterns; it’s just the nature of our jobs. We like residential houses to be listed for 30 days Read more…
How Will My Short-term Rental be Appraised? Our firm has emerged as the regional leader in the valuation of short-term rentals (STR). This includes single-family homes and condominiums that are used as STR’s, multi-family apartment buildings that have been converted Read more…
Residential New Home Construction in 2021 Here’s The Problem Take a sprinkle of global pandemic, add in a pinch of residual demand and add a dash of record-low interest rates, and you have the perfect recipe for material price increases. Read more…
2021 Predictions – Louisville Real Estate It’s that time of the year where all “experts” in real estate are making next year’s predictions on what trends we will see. After 17 years in this business, I consider myself as “expert” Read more…
It seems that everyday we read an article about another restaurant closing in Louisville. This is sad, especially for a town that’s known for great food and world-class chefs. We’ve collected these and listed them below. I’ll update this list Read more…
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