“The markets are the flippers. The appraisals are using the comps that the flippers are selling.”
lol
Maybe if you are in the market for a “turnkey” house with a 5k home depot kitchen and a couple of 1k Ikea bathrooms. There are a decent number of “organic” sellers trying to sell great locations and great bones for fair market values. I think the real problem with the market is that for whatever reason 50-75% of the homes on the market are way overpriced with respect to recent comparable sales. With nary an exception, flipper or no flipper, houses priced to sell are the only houses moving these days.
