Appraisers less likely to screw up the sale

Are appraisers getting better at what they do?

For a long time the inexperienced appraisers hired on the cheap by banks were the source of much disgust. Their appraisals were often lower than true value. They were using junker sales and foreclosures- often not even in the same neighborhood. No attention was being paid to the fact that sales were jumping-indicated by pending sales.

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Is the real estate market really improving?

Only 2 in 5 Housing Markets are Improving -Freddie Mac

THIS IS AN INTERESTING POINT OF VIEW SINCE MOST OTHER PUBLICATIONS ARE GLOWING

“According to Freddie Mac’s new Multi-Indicator Market Index (MiMi) continues to show a weak housing market overall.  The national MiMi value is flat compared to last month and has improved only slightly year-over- year.

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Southern Cal.home prices show signs of slowing market

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Southern California home prices in April show more signs of a slowing market

This is a  welcome sign for  buyers who have been priced out of the housing market.

High prices and mortgage rates have kept many families and investors from buying, causing sales to tumble and prices to really slow.

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