Gaps are forming between home appraisals and sale prices in certain real estate markets. These markets are described as hot, indicating a high level of activity and demand. Home appraisals are lagging behind the sale prices in these areas, creating discrepancies.
Further information on this trend is available from The Business Journals. The publication reports on the issue, providing details on the gaps between appraisals and sale prices.
The exact nature and extent of these gaps are not specified here, but more details can be found through The Business Journals, which has covered the topic of home appraisals and sale prices in hot real estate markets.
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