- Jan 15, 2002
- Professional Status
- Certified Residential Appraiser
It been a rough week. Two sales that could not be supported by MLS data. Three refi values significantly below what they say they are worth. My name is mud in four different real estate offices and two different mortgage companies. Sales are not as brisk in this area as Realtors seem to think and property values are flat. They can't add that 10% per year like they used to. One realtor thinks I need to learn how to work with them and I am too "conservative". Duh, I am not using those sales in the other subdivison when there are plenty in the this one! Anyway, my point is that the market is flat, refi demand is high and Realtors are pushing values to get listings. Fun, ain't it.