real estate tips

Bridging The Appraisal Gap In A Hot Real Estate Market

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Bridging The Appraisal Gap In A Hot Real Estate Market

You may have heard that there’s a shortage of available homes on the market. And it’s sparked bidding wars amongst eager (and sometimes desperate) buyers who are just looking for a place to live. This is causing homes to sell at record highs.

Then it happens… the home appraisal comes in LOW 📉😱!

With how quickly homes have been appreciating, comparable sales, which are typically used for appraisals, can be lagging, causing what we call an “appraisal gap.”

Finding a New Home for Your Next Stage of Life

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Buying A Home For Each Stage Of Your Life

It’s been said that the only constant in life is change. As real estate professionals, we see evidence of that every day.

A couple’s first home is suddenly too small to accommodate their expanding family. As their children grow, they need a bigger backyard or more bedrooms. And when their kids move away, that big house can sometimes feel like a burden rather than a necessity.

If you’re about to embark on a new stage of life (or maybe it’s already arrived), it’s probably time to reevaluate your housing needs.