Well there we have it. Appraisal came in low so by your own definition you over paid. Agent put it on the MLS to get better offers and there weren’t any better offers (there is more to an offer than just price). 10% increase in a year not significant-tell that to your investment portfolio or anyone’s 401k. 10% fluctuations are normal seasonality-tell that to Rich’s graph. Not sustainable and will just disappear-tell that to your awful track record predicting price movements in the market.

Market softening already? Really? You know this how? There are 2 houses for sale in my hood and one is essentially unsaleable. The inventory has never been lower around here for decent houses even in 2003/2004.

You didn’t make a single point. Try again

BTW after a good house sells and prices rise its very common for people to come out of the wood work and say they wanted the house and would have paid more. Where were their better offers when it mattered?