When multiple bids push a house price thousands of dollars above what the seller is asking — not unusual in neighborhoods where demand is particularly robust — are appraisers still coming in with values below the agreed-upon contract number?
Yes. Growing numbers of loan officers and real-estate agents say appraiser reluctance to report local appreciation is becoming a significant complication in sales transactions. ~ Seattle Times
Appraisers have yet to get with the appreciation program ~ Seattle Times
One American dream that is still showing signs of life ~ MyNorthwest
Home-building permits at highest level since ’08 ~ CNN Money