Here is a mind-blowing statistic for all the residential appraisers out there. Freddie Mac’s ongoing QC and oversight routines reveal the current trend of appraised values coming in below contract has risen from an annual average of 7-9% (2013-2019) to 20% nationwide in April and May 2021. If you’re feeling the heat from unprecedented market demand, historically low inventory levels, bidding wars, and more, watch this open and candid discussion on Rapid Appreciation and the Appraisal Gap. Click the image below to hear what the experts have to say!
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