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But that's "patently false," said Ken Chitester, spokesman for the Chicago-based Appraisal Institute. He concedes there may be a lag in valuations in a recovering market, but says appraisers can only work with the data available to them at the time.
Home sellers find interest heats up in the spring as many families look to get settled in a new place before the school year starts in August. But the traditional March-through-May buying season can be a dud for sellers who don't deliver what they