I’ve been seeing and hearing that a lot lately.With the way the real estate market is today, the market seems like its acting just the oposite way it did a little over a year ago. At that time, homes were constatly appraising for less than the sales price. That was because the market was so hot that appraisers gave appraisals on property based upon past sales which were nearly always out of date. Now, with property values going down, the same thing is happening only in reverse.I wrote an article a few weeks ago about how I thought the market is turning around. Well, I still say it has. Perhaps not as quick as many would like or as apparent as many market analyst can see, but that will change in another month or so, perhaps sooner. Time will tell if I’m correct.
But My House Sold For Less Than Appraisal!September 13th, 2006, 8:03 am · Post a Comment · posted by steveikedaLeave a Reply |
