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It is difficult for agents to keep up with prices in this unpredictable real estate market, you should see the expressions on neighbors' faces when you tell them that they can sell their homes for 30% more than they bought them for two years ago. If you are looking for a professional appraisal of your home, it will be valued at whatever a buyer will pay for it. Appraisers typically use comparable homes that have sold within the past six months to assess value. These days, most appraisers are using under contract properties to help determine value. Because of low inventory, many buyers are paying over the asking price which bump prices up immediately. |
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