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Gulf Widens Between Real Estate Bids and Valuations

…“You have a market changing so rapidly with bidding wars [and] listings breaking records per foot within the span of a few weeks,” said appraiser Jonathan Miller….

…“What happens when you don’t have supply, the market becomes much more erratic and inconsistent,” Miller said….

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#Housing analyst, #realestate, #appraiser, podcaster/blogger, non-economist, Miller Samuel CEO, family man, maker of snow and lobster fisherman (order varies)
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