What’s The Leaven Causing Home Prices to Rise Today?
Cleveland Appraisal Blog
OCTOBER 14, 2021
Perhaps they were drinking the Kool-Aid that some are drinking today, that market value is whatever the purchase price is. Don’t drink the Kool-Aid that any contract price is reflective of market value. I remember loan officers telling me that I needed to be “creative” with my appraisals.
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