Compared to Homeowner Opinions, Appraisals Come in Just Shy

Appraisals came in 0.29 percent shy of what homeowners perceived in terms of value, according to the Quicken Loans National Home Price Perception (HPPI). Appraised home values rose 5.69 percent year-over-year, according to the Quicken Loans National Home Value Index (HVI). “A wide gap between the estimated home value and the appraised value can cause […]

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Redfin unveils new estimate tool for off-market homes

Redfin is giving homeowners a chance to estimate their property’s value before it hits the market — while potentially buttressing its own iBuyer platform.

Appraisals Catch Up to Homeowner Opinions

Appraisers and homeowners are on similar wavelengths, with appraisals coming in only 0.28 percent under what homeowners expected in July, according to the Quicken Loans National Home Price Perception Index (HPPI). Appraised home values rose 4.86 percent year-over-year, according to the Quicken Loans National Home Value Index (HVI). “The story the HPPI is currently telling […]

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More than 10% of US properties still ‘seriously underwater’ in Q2

More than 10 percent of U.S. properties were still seriously underwater in the second quarter of 2018, according to a new study from ATTOM Data Solutions.

Appraisals Bring Fewer Seller Surprises

Appraisals brought fewer seller surprises at the start of summer, with appraisals in June just 0.25 percent below what homeowners predicted—the closest the gap has been since February 2015, according to the Quicken Loans National Home Price Perception Index (HPPI). Appraised home values rose 4.57 percent year-over-year, according to the Quicken Loans National Home Value […]

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Appraisers and Homeowners Sync Up on Value

Appraisers and homeowners are syncing up on value, with appraisals in April just 0.33 percent below what homeowners predicted, according to the Quicken Loans National Home Price Perception Index (HPPI). The Quicken Loans National Home Value Index (HVI) shows appraised values rose 6.47 percent year-over-year. The findings indicate homeowners are less likely to get a […]

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Appraisals Close In on Estimates by Homeowners

Appraisals are closing in on estimates by homeowners, just 0.36 percent below what was expected, according to the March Quicken Loans National Home Price Perception Index (HPPI). The Quicken Loans National Home Value Index (HVI) shows appraised values rose 7.64 percent year-over-year. “This month’s HPPI is great news for homeowners who may be thinking of […]

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Appraisals Better Check Out With Owner Perceptions

Appraisals are better checking out with what owners perceive, just 0.53 percent below what was expected by homeowners, according to the February Quicken Loans National Home Price Perception Index (HPPI). The Quicken Loans National Home Value Index (HVI) shows appraised values rose 6.37 percent year-over-year. Appraisals continue to fall short of owner expectations; however, the […]

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Appraisals Off by a Larger Margin

Appraisals are off by a larger margin, 0.6 percent below what was expected by homeowners in January, 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 7.03 percent year-over-year. Appraisals in January were an average of 0.6 percent lower […]

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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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