Since
the 1980s real estate downturn and enactment of the Federal Institutions Reform, Recovery and Enforcement Act, states have established appraiser regulatory boards and require appraisers to be certified and licensed.
Not exact matches
After a three - year
downturn in the late
1980s and early 1990s, brought on by overbuilding and the collapse of the nation's savings & loan industry, the
real estate industry was enjoying a steady upward climb.
When this
real estate downturn began, I recall many colleagues talking about how it was nothing compared with the double - digit interest rates of the
1980s.
However, the current
downturn has not been nearly as steep as the one that ravaged the office
real estate market in the late
1980s to early 1990s, C&W executives said.