Are homes continuing to sell above list price?

In the 2021 spring market, we were seeing homes selling substantially over the list price. Now moving into 2022, we are seeing them sell closer to or at list price. Buyers, as interest rates may soon be inching up, now is a good time to start making moves!

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How should a buyer prepare to make an offer in this sellers market?

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What do appraisers typically consider when choosing comps?