Settling on a New Normal for Appraisals in 2022
Appraisal Buzz
DECEMBER 27, 2021
There’s too little supply and too high a demand, a predicament that’s disrupted the housing and appraisal industries. Beginning in January 2020, 7% of purchase transactions had a contract price above the appraisal value. As the appraisal gap widened, the CoreLogic Price Index rose as well, reaching 15% in May of this year.
Let's personalize your content