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Real Estate
Reply to "Overpaying on a house - how are you justifying it?"
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[quote=Anonymous]Are appraisals actually coming thru at the offering price? I’d think that we would see some check on prices via appraisals falling short given the interest rate trajectory. Ironically, appraisers were super tough in the 2010-2014 period when prices bottomed after the GFC. It’s almost quaint to think about how they were hassling folks to come up with another $25-50K in cash to purchase a Petwoth rowhouse for $500K in 2012. [/quote]
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