Home appraisal values heating up

MGN Online Photo
Wednesday, May 15, 2013 - 9:08am

Here's another sign the housing market is heating up. According to the National Association of Realtors, appraisers are putting higher values on homes again, allowing for more deals to go through.

During the housing bust, sales were often derailed by low-ball appraisals that fell far shy of a home's selling price, but now, as home prices climb, appraisers are valuing homes at or above their selling prices.

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