Appraisals Arrive Below Expected, but Not by Much

Appraisals arrived 0.5 percent below what was expected by homeowners in December, according to the latest Quicken Loans’ National Home Price Perception Index (HPPI). The latest Quicken Loans National Home Value Index (HVI) shows appraised values rose 6.17 percent year-over-year. Although the average appraisal continues to lag homeowner estimates, the gap between the two numbers […]

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Appraisals Come Up Slightly Short

Appraisals came up slightly short of owner opinions in November, 0.67 percent lower than expected, according to the latest Quicken Loans National Home Price Perception Index (HPPI). The latest Quicken Loans National Home Value Index (HVI) shows appraised values rose 4.24 percent year-over-year. “It’s encouraging to see opinions from homeowners and appraisers more aligned on […]

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When Data Makes the Difference

How HouseCanary Is Giving Agents a Competitive Edge Editor’s Note: The following is the cover story in the December issue of RISMedia’s Real Estate magazine. It’s no secret: The value of the real estate agent is under attack. With a slew of disruptors determined to diminish their role in the real estate transaction, it’s become […]

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Appraisals Better Match Owner Perceptions

Appraisals better matched owner perceptions in October, coming in only 0.99 percent lower than expected, according to the latest Quicken Loans’ National Home Price Perception Index (HPPI). The latest Quicken Loans National Home Value Index (HVI) shows appraised values rose 4.76 percent year-over-year. A summary of the HPPI: Owner’s estimates of their home’s value rose […]

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Homeowner Perceptions of Value Off

Homeowner perceptions of value were off in September, 1.14 percent higher than those of appraisers, according to the latest Quicken Loans’ National Home Price Perception Index (HPPI). The latest Quicken Loans National Home Value Index (HVI) shows appraised values rose 3.38 percent year-over-year. A summary of the HPPI: There was an average 1.14 percent difference […]

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Appraisers Again Burst Homeowner Expectations

Appraisers again burst homeowner expectations in August, arriving at values 1.35 percent lower than what homeowners expected, according to the latest Quicken Loans’ National Home Price Perception Index (HPPI). The latest Quicken Loans National Home Value Index (HVI) shows appraised values rose 2.64 percent year-over-year. A summary of the HPPI: A home’s value, or its […]

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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