New Appraisal Rules Preventing San Diego Recovery

This article explains why the new rules for appraisals - intended to stabilize the system and better protect all parties - is having unintended consequences.  The new rule are preventing some deals from being closed and artifically keeping prices low, despite that sales numbers are up.  Read on.

http://rismedia.com/2009-07-20/catch-22-artificially-suppressing-san-diego-county-rebound/