Homeowners Continue to Overestimate Value, Except in Hot Markets

Homeowners continue to overestimate the value of their homes, except in hot markets, according to the latest Quicken Loans’ HPPI. Appraised home values came in 1.55 percent below what homeowners expected in July, according to the latest Quicken Loans’ National Home Price Perception Index (HPPI). The latest Quicken Loans National Home Value Index (HVI) shows […]

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Appraised Figures Fail to Impress Homeowners

Appraised figures came in 1.70 percent below what homeowners expected in June, according to the latest Quicken Loans’ National Home Price Perception Index (HPPI)— the first time in seven months perceptions of value moved closer toward alignment. The latest Quicken Loans National Home Value Index (HVI) shows appraised values rose 5.35 percent year-over-year in June. […]

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Homeowners Miss Mark When It Comes to Appraised Value

Homeowners again overvalued their homes in May, missing the mark by 1.93 percent, according to the latest Quicken Loans’ National Home Price Perception Index (HPPI). The gap has now widened six months in a row. The latest Quicken Loans National Home Value Index (HVI) shows appraised values rose 4.92 percent year-over-year in May. “It’s important […]

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Homeownership Is a Good Financial Investment!

According to a recent report by Trulia, “buying is cheaper than renting in 100 of the largest metro areas by an average of 33.1%.” The report may have some people thinking about buying a home instead of signing another lease extension, but does that make sense from a financial perspective? Ralph McLaughlin, Trulia’s Chief Economist explains: “Owning a home is… Read More

Homeowners Misjudge Value…Again

Homeowners again misjudged the value of their homes in April, with their estimates coming in 1.90 percent above those of appraisers, according to the latest Quicken Loans’ National Home Price Perception Index (HPPI). The gap has now widened five months in a row. The latest Quicken Loans National Home Value Index (HVI) shows appraised values […]

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Homeowners Misjudge Value…Again

Homeowners again misjudged the value of their homes in April, with their estimates coming in 1.90 percent above those of appraisers, according to the latest Quicken Loans’ National Home Price Perception Index (HPPI). The gap has now widened five months in a row. The latest Quicken Loans National Home Value Index (HVI) shows appraised values […]

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Appraiser Opinions Keep Falling Short of Homeowner Expectations

Appraiser opinions regarding home value kept falling short of homeowner expectations in March, coming in 1.77 percent lower, according to the latest Quicken Loans’ National Home Price Perception Index (HPPI). The gap has now widened four months in a row. The latest Quicken Loans National Home Value Index (HVI) shows appraised values rose 3.30 percent […]

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Difference of Opinion Between Appraisers and Homeowners Widens

Appraisers and homeowners are less eye-to-eye on home value for the first time in six months, with the gap between their opinions widening in December to 1.33 percent, according to Quicken Loans’ National Home Price Perception Index (HPPI). The difference in opinion, says Quicken Loans Chief Economist Bob Walters, helps to impart understanding for homeowners, […]

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