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We are home to Indiana’s premier appraisers. As the local organization of the Appraisal Institute, we host chapter meetings, sponsor educational offerings and publish a quarterly newsletter, The Indiana Appraiser.
Our purpose is to serve our members with its Branch Chapters by recognizing the geographic and professional diversity in providing services which enhance the abilities and opportunities of its members enabling them to achieve their objectives in a professional and ethical manner.
Find stated objectives of the HSC of the Appraisal Institute HERE.
This web page provides information in the Hoosier State Chapter to our members and the public. For more information or if you are interested in joining our organization, visit the national home page of the Appraisal Institute. |
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President’s Letter
(Pictured are National President Jim Amorin and Hoosier State Chapter President Jeff Vale)
HOOSIER STATE CHAPTER PRESIDENT'S MESSAGE
As most of you are aware, 2008 was a year of challenges both for the appraisal industry and the Appraisal Institute. This may represent one of the most difficult times in which to appraise property since the early 1980's. Some of us (including myself) started our appraisal careers in the aftermath of the Savings and Loan Crisis of the late 1980's. Many of us have been accustomed to environments in which values almost never had gone down as a pattern affecting all properties. I began my career in 1989. In my market in Northwest Indiana, the recessions of the early 1990's and the early 2000's were merely blips where values seemed to stop increasing for a year or so. The current cycle is clearly different and different property types are affected differently. Will the market recover? Certainly it will. When will the market recover and to what degree? Unfortunately, no one has created a crystal ball that can point to a recovery date with certainty.
Going into 2009, the Appraisal Institute can provide the tools to cope with and thrive in these uncertain times. If you are not a member of the Appraisal Institute and are struggling to make sense of the current climate, joining the Appraisal Institute will not solve all of your problems. However, I believe the Appraisal Institute's wide range of education, networking, and leadership in the industry can be of great assistance to furthering your understanding of the market as well as enhancing your appraisal career.
If any existing or prospective members would like to discuss any issues pertaining to the Appraisal Institute, please feel free to call me at my office 219-769-1335 and we'll talk. Thank you for this opportunity to serve.
Jeff Vale, MAI
2009 President of the Hoosier State
Chapter of the Appraisal Institute.
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