Miller is an expert on real estate appraisals and transactions, and runs one of the larger appraisal firms. He has created a variety of real estate data analytics for various regions as well as nationally. He is also sought after as the “go to” appraiser for the many of the most expensive penthouses in Manhattan.
In our conversation, Miller notes that all housing is local, but credit is national. Hence, the differences between the middle class housing market, driven primarily by access to credit, and the high end, which has become a nearly an all cash market.