Thursday, March 18, 2010

‘Appraisal inflation’ a worry for housing experts

April 7, 2008 by Steve deGuzman · Leave a Comment 

MSNBC.com
By Jane Wells
Reporter
CNBC
It is often referred to as “appraisal inflation” and it could be the dirty little secret of the housing industry.
The practice — when real estate appraisers bend the numbers to satisfy clients and stay in business — is a growing problem, according to real estate experts.