Some of your answers have been briefly touched. Are you refering to lasts year market as a whole or what to expect this year. Every area of the US is going through it's own phases. Accordingly most prices are stabilized due to appraisal comps in each area unless the home is unique. I can give you precise information if we know what area we are trying to base prices on.Good Luck http://www.har.com/garyplee
That depends on the market condition and the foreclosure rate in the area. Many new purchases are not hitting value when the buyer is ready to close the loan. The same goes for basic refinancing home equity loans. Its best to get available comps from a local appraiser.