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House market value is another way of saying fair market value. They are the price a buyer would pay for real estate and its bundle of rights given adequate exposure to the market and funds available. When these words are spoken about real estate, typically an appraiser is called in to render their opinion of [...]
The real estate market is definitely in a state of flux, but the fundamentals remain the same. Property comparables still determine value. The problem people are having is that as property values continue to fall, some are wondering what really determine property values. It is difficult to accept this reality but it is all we [...]
