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Property Appraisals: The Similarities Between 2007 and Today

by Jessica Wilhelmy | May 27, 2021

Between 2002-2005 in many markets, the real estate market was scorching, much like it is today. Prices were escalating quickly, and buyers were purchasing in a frenzy for fear of being left behind and not being able to get their foot on the property ladder.

Although 2020-21 is not the same as the run-up before the housing crash, Rachel Massey discusses some similarities with what appraiser’s face that bears addressing and reiterating in a recent article from the Appraisal Buzz.

Disclaimer: The views, opinions or examples included in linked article are those of the author and do not necessarily reflect an official policy or position of ASA or its members.