Banks play all kinds of games with this number: List it artificially low in order to generate a great deal of traffic, start a bidding war, etc.Simply figure out how much the property is worth to YOU and offer that.

Bill,My concern was asking the contractors to artificially inflate their bids in order to get more from insurance.Other than that, I completely agree with you.

Thank you for your intelligent feedback and perspective.

Unless/until demand decreases -- as it has on a few occasions during economic downturns -- the property values are likely to stay very high.But, based on the limited supply and increasing demand, I think it would be incorrect to say the values are artificially high; I believe they can remain that high long-term based on the supply conditions.

That either means that the audience for these shows is less intelligent than the general public or the hosts are spewing misinformation.

Why must government intelligence be an oxymoron?

:wowie: Good Guide dogs (seeing eye) are naturals and or well trained to be intelligently disobedient.

I don't think it's intelligence, because I have seen some really smart people who fall in the 90% category.

The CS data compares YoY numbers, which is generally a decent way to measure appreciation (or decline), but comparing artificial growth (first time/move-up buyer tax credits) to a normal market isn't exactly apples to apples.

I would not think that prices will just go back to where they were as those prices were artificially inflated.