[quote=CA renter]One should care about the reason because it determines whether or not the increase is sustainable.

We didn’t overpay at the time, either. There were other people who wanted to buy it at a higher price and were ticked off that we locked it in. That didn’t just come from the listing agent, either, we knew some of the people who wanted to buy it.[/quote]

Nice nonsensical response. The house was on the market and didn’t have multiple offers the first week. End of story on that but lets get to the real question. Is 10% appreciation in a year not significant. If not, what is? And please stop with the subterfuge