Are people still paying above asking / appraisals?

Is this still happening everywhere?

We are relocating to Charlotte NC and put an offer in low 600’s for a house in Huntersville. The appraisal came back at 530. The sellers are basically furious and won’t accept anything close to this.

I really thought the market was cooling down a bit so I don’t know where to go from here and if this is normal. I know people are paying above asking but 70 grand worth?

submitted by /u/diggyj1993
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Is this still happening everywhere? We are relocating to Charlotte NC and put an offer in low 600’s for a house in Huntersville. The appraisal came back at 530. The sellers are basically furious and won’t accept anything close to this. I really thought the market was cooling down a bit so I don’t know where to go from here and if this is normal. I know people are paying above asking but 70 grand worth? submitted by /u/diggyj1993 [link] [comments]

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