WELCOME For more than 30 years Shelterfield and its affiliates have offered a progressive range of real estate services to bankers, lawyers, developers, real estate investors, school districts, taxing authorities, and other government agencies. Services provided include commercial, industrial and residential appraisal; appraisal review and consulting; litigation support; arbitration consulting; and the valuation of historic preservation and conservation easements. Real estate brokerage services are available in the Commonwealth of Pennsylvania. Stigma Update: Results of Shelterfield Valuation Services Stigma Survey Published by Royal Institution of Chartered Surveyors (RICS) Write-up of Survey Results and Full Survey Featured in RICS “Valuation Briefs” (February 2011, Vol. 1, Issue 2) Valuing a stigmatized property (a property that is or has been affected by a negative event or condition, such as ground water contamination or proximity to a cell phone tower) is a challenging task for real estate appraisers. Without a paired sales analysis - that is, comparing the prices of two properties that are similar in every way save for a stigma attached to one of them - it is almost impossible to determine by how much a stigma has reduced a property’s value. Yet frequently appraisers must do just that. An expert in the valuation of stigmatized properties, Shelterfield Valuation Services Founder and President John J. Hosey IV, MAI, SRA, MRICS, recently conducted a survey of real estate professionals in Pennsylvania, New Jersey and Delaware to further explore how certain negative events would affect residential and commercial property values. Upon learning about the survey, the prestigious Royal Institution of Chartered Surveyors published a summary of the survey, together with its full results, in the February 2011 edition of “Valuation Briefs.” RICS is the leading member organization in the world for professionals in property, land, real estate, construction and related environmental issues. The organization’s members, Mr. Hosey included, are widely recognized as leaders in their professions. While “Valuation Briefs” is available only to RICS members, the full survey and its results are available by clicking here. For further information regarding stigmatized properties, please do not hesitate to contact Shelterfield Valuation Services by calling (610) 296-4800 or e-mailing jhosey@shelterfield.com.