That hand writing all over many walls was mildly disguised by graffiti and confused by politics for nearly a year.

Many thought were loosing out knowing the end was coming.

Theirs many stories of the 29 recession of the knowledgeable coming back into the market

Sudden turn around of mortgage rate forecast. Somewhat related.

A board member who teaches appraisal classes will require that the appraiser must take several appraisal class. The Board: You did not disclose that a comparable had a view of a mountain 27 miles in the distance. Appraiser: How would I have known I did a desktop appraisal, that did not require photos of the comparables, also USPAP does not require an inspection. Board: You should have known. Appraiser: Did the investigator determine the contributory value of the view. Board: No the investigator has not data to support a view adjustment. Appraiser: So, you are saying that I need to take 4 classes, have 10 reports reviewed and pay a fine of $1,500 because I did not make a view adjustment for a property that I did not see? Board: Correct, next case.

I need to ride this disaster out for another 2-5 years. As I get older it is becoming more and more difficult to see my profession run into the ground by people who have no idea what the hell they are doing. The appraisal foundation does not stand up for the appraiser. FNMA is a corrupt origination, and some of the people (NOT ALL) on the state boards are just down right goofy. The appraiser has always been at the bottom of the food chain. My friend told me 33 years ago that this day would come. He also said that good appraisers will always have work, I am not so sure about that one. I feel so sorry for the next generation of appraisers.