Foreclosures Affecting Appraisals

Everyone involved in a real estate transaction is learning the hard lesson that short sale and foreclosure house prices are affecting the appraisals of “regular” sales, where there is no distress. This entry on www2.TBO.com from the Tampa Tribune explains succinctly how buyers, sellers, realtors, builders and lenders all are struggling with value. This applies universally and  is clearly another challenge to market recovery.