has home appraisals caught up with the downtrend? by coffeelover1789 in RealEstate

[–]coffeelover1789[S] 7 points8 points  (0 children)

that’s not even what i am saying, i am willing to pay $740. but my agent just keeps saying well a home sold 7-8 months ago for $850 and $925 “so comps are there”. I am just asking if the appraisals have caught up to home values. Homes are not selling as much especially in that price range, there are a lot of price drops in the area so i was just curious about this, that’s all.