[quote=applejack]My agent says that houses are appraising low right now due to the rapidly rising market. Sellers agent says the house will be worth a lot more by the end of he summer, and they already have a back up offer in place so they don’t care about our appraisal. Apparently they had a lot of offers. House went pending within days. Mortgage broker says they deal with a lot of transactions and they haven’t been seeing low appraisals. Is it pretty normal for houses with really nice landscaping and back yards (very beautiful pool, etc) to appraise low?[/quote]

It depends. If it really bothers you, have you considered just paying for another appraisal? Or maybe you can PM one of the agents that posts around here and give them the specifics of that property to see what they think. I don’t think anyone can really provide a blanket statement one way or the other, because it differs in so many different ways..