2023 Economic Forecast

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Notes

The ZOOM and Material links were sent out around 1:25pm on Monday, February 13 to all registrants who provided their Photo IDs in advance.  If you are pre-registered and did not receive the link, be sure to check your spam/junk folders.

View additional offerings sponsored by the Northern California Chapter

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Important Items to Know / Understand Before Registering

• If you are seeking credit from a state outside of California, check with your state licensing board to make sure that it will grant approval for (1) an out-of-state synchronous (formerly called "virtual") classroom offering, (2) accepts reciprocal credit if approved in the host state and/or (3) accepts offerings from an out-of-state provider prior to registering. This is a chapter-developed program; we are not submitting for credit from states outside of California.  However, we are hearing that more states are now accepting reciprocal credit; Washington, Alaska, Hawaii and Idaho may be among them; there could be others.  In addition, some states outside of California may have additional reporting requirements that the chapter is not able comply with.  There is NO examination required for this synchronous (virtual) offering.
  
  
• Photo IDs.    As part of the required attendance monitoring for synchronous classroom offerings, all students need to provide the Chapter Office - lisa@norcal-ai.org with a copy of their Photo ID/Driver's License upon registering.  IDs need to be submitted even if you have attended a prior chapter-sponsored offering.
  
  

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2023 ECONOMIC FORECAST

2023 Macroeconomic Outlook

Sacramento: Retail, Office, Industrial and Multifamily Updates

Downtown Sacramento:  Let's Take a Peek

Northern California Single Family Housing Market Update

What is Happening with Interest Rates and Capital Markets?  How are Appraisers Addressing these Issues?

Before understanding any “micro” market, one must understand what is happening on a macro level. For this program, you will hear comments on 2023 macroeconomics from one of the best.

Scott Anderson. PhD, is a Chief Economist and Executive Vice President at Bank of the West and serves on the Bank’s Executive Leadership Team. In this role he analyzes and forecasts international, national and regional economic trends for Bank of the West management, business lines and clients. As an experienced economic advisor in the financial services sector, Anderson has been recognized as one of the top economic forecasters in the country by the Wall Street Journal and Bloomberg.

He authors Instant Analysis and Daily Update reports on prominent economic releases and monetary policy actions, and a weekly U.S. Outlook report on special macroeconomic topics. He also produces periodic regional outlook reports on California and other regions, as well as chart books on China, Europe, and commercial bank lending and credit trends. He has also been a regular contributor to Forbes.

Scott’s economic research is widely read and cited by the financial and business communities, and he is a sought-after national expert and speaker on macroeconomics issues. He has appeared in numerous print, television and radio media outlets, including the Wall Street Journal, Financial Times, New York Times, Washington Post, Bloomberg, CNBC and NPR.

Additional panelists include
– Dean Wehrli, Principal, John Burns Real Estate Consulting
– Jonathon J. Schrader, MAI, AI-GRS, First VP / Chief Appraiser, F&M Bank
– Bob Shanahan, Research Manager, Colliers
– Ken Turton, President, Turton Commercial Real Estate

Forecast moderator
- Bradford MacLane, MAI, AI-GRS, MacLane and Company, Inc.

View additional offerings sponsored by the Northern California Chapter

Cancellation Policy

CANCELLATIONS

Written cancellations received by Wednesday, February 1, are subject to a $25 cancellation fee.  Cancellations received after that time but prior to noon on Wednesday, February 8, are subject to a $45 cancellation fee.  No refunds for cancellations received after February 8 or for program "no shows".  Cancellations can be emailed to lisa@norcal-ai.org.

We reserve the right to substitute instructors, to cancel or modify this program if sufficient registrations are not received by Friday, February 3 or due to other circumstances beyond our control. In the event of cancellation, tuition fees will be refunded. All other costs incurred are the registrant’s responsibility.

Additional Information

SEMINAR HOURS

Online check-in, system check and networking will begin at 7:30am (Pacific Time) on Wednesday, February 15. The program will begin promptly at 8:00am (Pacific Time) and will conclude at 12:15pm. 

 

REQUIRED EQUIPMENT

This offering falls under the requirements for synchronous (formerly virtual) classroom education. Under this approval, registrants must have the following equipment so that they can see the presenter and the presenter/program monitor can see them: 

 

• Dependable Internet access
• Computer with webcam
• Speakers and microphone

Webcams and microphones are built-in on most laptops. All equipment must be in working order. If the instructor/program monitor cannot see or hear the registrant; continuing education credit is jeopardized. To help ensure receipt of CEC, only one registrant can be visible per webcam at all times. Registrants will connect using ZOOM interactive technology. The phone "call-in" only option is NOT an approved connection mode for those seeking CEC credit for this offering.

 

 

CONTINUING EDUCATION

This offering is approved for 20-points of Appraisal Institute CEC; applications for 4-hours of California BREA CEC and SBE Training Credit (for assessors) are being submitted. Applications are NOT being submitted to any states outside of California; not all states accept synchronous (virtual) classroom education. Seeking Credit Outside of California? It is up to the registrant to check with his/her state licensing board(s) prior to registering to ensure that his/her state accepts (1) synchronous (virtual classroom) education, (2) credit from an out-of-state provider and/or (3) determine if his/her state accepts reciprocal credit with California.  Some states may have special reporting requirements that the chapter is not able to comply with. This offering is being conducted under the TAF (AQB/ASC) guidelines for synchronous (virtual) classroom education.  Typically, IRWA, ASFMRA and ASA offer reciprocal approval for AI offerings; check with these organizations directly before registering to re-confirm especially since this is a synchronous classroom offering. Attendance requirements will be strictly enforced; 100% attendance required. Partial credit is not available.

IMPORTANT: Registrants should be sure their appraiser license/certification numbers are entered and updated in the AI registration (MyAccount) system or a certificate will not be generated.  License numbers are listed under Profile in your AI Student Portal (MyAccount) or can be added as “Other” License.  Verified attendance certificates will be available for download from your AI MyAccount portal within 15-working days of the program.

 

CONFIRMATION LETTERS / PAYMENT RECEIPT

All confirmed registrants will receive an email confirmation that will also serve as a payment receipt.  Registrants can also log into their MyAccount portal to download a duplicate payment receipt.

 

PHOTO ID/ DL REQUIRED IN ADVANCE

As part of the required attendance monitoring for synchronous classroom offerings, all students need to provide the Chapter Office (lisa@norcal-ai.org) with a copy of their Photo ID/Driver's License upon registering. This information is used strictly for photo verification. You may cover any personal information with the exceptions of your pre-printed name and photo. Easy Tip: Using electronic means or cut-to-size Post-It Notes to cover/block non-exception personal info before taking a picture of your ID/DL with your phone or sending a scanned copy to lisa@norcal-ai.org. In the subject line of your email type -"DL - [ insert your last name] – 2023 Econ Forecast". The ZOOM log-in information can only be forwarded to those who provide their photo ID/DL in advance.

 

ZOOM LINKS and ASSISTANCE

The ZOOM link will be sent within 24-48 hours of the offering ONLY to confirmed registrants who have provided their Photo ID/DL in advance.  New to ZOOM?  

• Take a FREE tutorial on How to Join a Meeting and learn more about using this interactive platform.  
• Be sure that your version of ZOOM is up-to-date.

QUESTIONS? CONTACT US

Northern California Chapter
925/932-7753 l 916/972-9700 
via email l visit our website

Disclaimer Information

By registering for this event, you agree that

 

• your attendance may be recorded, photographed, and/or monitored at any time
  
  
• you will provide the Chapter Office with a copy of your DL/Photo ID in advance (even if you have provided it previously)
  
  
• will accept emails from the Chapter; add this address to your accepted list of emails - lisa@norcal-ai.ccsend.com
  
  
• your contact information may be published in a networking roster
  
  
• we may switch or change the synchronous (virtual) learning (zoom, Go2, etc.) platform selected for this offering based on program logistics or necessity
  
  
• if you have been professionally diagnosed as physically or learning disabled and may require special accommodation, please notify us in writing at least two weeks in advance to arrange for reasonable accommodation
  
  
• we reserve the right to substitute speakers/panelists or even cancel this event due to circumstances beyond our control
  
  
• as an attendee, you will not record this offering

 

National Disclaimer

This Educational Program was developed and organized by the Appraisal Institute Chapter offering the Program with the intent of addressing topic(s) of current local interest solely for educational and informational purposes. The Appraisal Institute national organization was not involved in developing or organizing the Program.

The content of this Program, including but not limited to any written materials and presenter comments, does not represent the viewpoint of the Appraisal Institute (defined as including but not limited to, the national organization, its Regions, Chapters, members, candidates, affiliates and staff) unless formally adopted by the national Board of Directors. Further, the Appraisal Institute has not peer-reviewed or approved the content of the Program and does not warrant the accuracy or timeliness of the content of the Program. The content of the Program is subject to court decisions and local, state and federal laws and regulations and any such revisions of such laws and regulations.

This Program is presented with the understanding that the Appraisal Institute is not engaged in rendering legal, accounting or other professional advice or services. Nothing in the Program is to be construed as the offering of such advice or services. If expert advice or services are required, attendees and readers are responsible for obtaining such advice or services from appropriate professionals.