CMI Blog

The Cantrell Report – July 2017

12 Jul 2017

New Units on the Ground at Decade Level Highs but the Pace of New Development is Slowing Wayne Williams, ALN Apartment Data In the last few years we have been on the ground zero of the multifamily new construction explosion. Of the multifamily units currently under construction in the United...

The Cantrell Report – June 2017

20 Jun 2017

2017 TEXAS PROPERTY TAX ASSESSMENTS By: Mark Cantrell, Cantrell McCulloch, Inc. Long term fixed rates are down considerably from the beginning of the year. Read the full June 2017 Cantrell Report by clicking the link below.

The Cantrell Report – May 2017

02 May 2017

2017 TEXAS PROPERTY TAX ASSESSMENTS By: Mark Cantrell, Cantrell McCulloch, Inc. The majority of Texas appraisal districts have just recently mailed their preliminary value notices and all districts’ values should be sent out by the first week of May. In reviewing early releases of values in Harris (Houston), Travis (Austin),...

The Cantrell Report – March 2017

29 Mar 2017

Dallas Area Again Tops in Growth By: Jill Cowan, Dallas Morning News Stop us if you’ve heard this one before: The Dallas area leads the nation in job growth, according to newly released data. This time, it was the Bureau of Labor Statistics with its December national employment numbers. The...

Remedy for Unequal Appraisal

21 Feb 2017

In a practice known as “sales chasing”, appraisal districts often increase the appraised values of properties that have recently sold to their sales price. However, adjusting a property’s appraised value to its sales price greatly undermines the overriding concern of equity by creating a dual standard of valuation: one for...

Income Capitalization Approach

13 Feb 2017

Here is a helpful review of the process of how the majority of property assessments are determined and why a savvy tax consultant is needed to help navigate through this process. Income Capitalization Approach This is the most common valuation approach utilized by appraisal districts in a mass appraisal of multi-family...