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How are appraisers handling time adjustments, if at all?
As an appraiser on Long Island, market values have come down over the past year or so.  I was wondering how other appraisers analyze time adjustments for appraisal reports?   And how do brokers view this? 
When I am looking at the current closed comparable sales (I stay within six months when possible - or obviously newer is better!)....compared to current comparable listings- I see that using the sales comparison approach only would produce higher values in the area.  If for example, three houses sold that are similar to mine from $350-400K...But there are five or six listings at $300-350K....I have to use time adjustments.
Lenders are not happy about it and want detailed explanations....and I was wondering how other appraisers out there felt - and what you use. 
 
... more

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