Mike Kennedy
Elite Member
- Joined
- Sep 28, 2003
- Professional Status
- Certified Residential Appraiser
- State
- New York
Homebuyers increasingly willing to pay above asking price
The red-hot U.S. housing market is widening the gap between what a home is objectively worth and what eager buyers are willing to pay for it. Home prices have rocketed to new highs and many homes are selling for more than their appraised value. “This might be the most competitive housing...