Volatile Market Challenges N.J. Property Appraiser – NPR

November 7th, 2007 by Allison Cotignola

Last week I was driving in the car when I heard a great report from NPR about an appraiser in New Jersey as he appraises a three bedroom vacant house. You can hear a recording of the story Volatile Market Challenges N.J. Property Appraiser by Nancy Solomon at http://www.npr.org/templates/story/story.php?storyId=15785020

A couple of things stood out from this broadcast:

  • Lenders feel that the appraisal matters more than ever
  • Six month old appraisals may not be relevant because they are not reflective of current market climate
  • Appraisers are seeing the number of appraisals rise with foreclosures and divorce on the rise.

You should definitely give this 4 minute recording a listen if you can. It gives great insight into the climate – specifically in New Jersey. It also highlights the benefits of checking out the eppraisal.com market insight data as well as Find a Pro.


This entry was posted on Wednesday, November 7th, 2007 at 1:53 pm and is filed under Property Appraisal. You can follow any responses to this entry through the RSS 2.0 feed. Responses are currently closed, but you can trackback from your own site.

One Response to “Volatile Market Challenges N.J. Property Appraiser – NPR”

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    May 21st, 2008 at 11:15 am

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