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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Why Quicken Loans isn’t really in the mortgage business

The founder and chairman of Quicken Loans, now the largest mortgage company in the U.S., revealed that he does not consider himself to be “in the mortgage business.”

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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HouseCanary wins $706M after getting sued by Quicken Loans affiliate

Real estate appraisal tech startup HouseCanary won $706 million in a lawsuit with Quicken Loans affiliate Amrock, formerly known as Title Source. A Texas federal jury decided in HouseCanary’s favor Wednesday …

Results Are In: The What and Who of Working With Lenders

RISMedia, in conjunction with Quicken Loans, recently completed our survey, “The What and Who of Working with Lenders,” which gathered insights from our readers about your opinions on and experiences with the finance industry. Mobile technology and access to a user-friendly app were high on the must-have list, as was communication and follow-through as the […]

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New-Home Sales Skid in January

New-home sales skidded in January, with sales of new, single-family homes down 7.8 percent to 593,000, according to the U.S. Census Bureau and the Department of Housing and Urban Development (HUD). The average new-home sales price was $382,700, while the median was $323,000. New-home listing inventory was 301,000—6.1-months supply. “The moderation in new-home sales may […]

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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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New Initiative Opens Door to Airbnb Refi Options

The rental industry is changing. In the last few years, Airbnb has become increasingly popular, especially among young travelers, as an alternative to pricy hotels and a shortage of short-term rentals in the market compared to traditional one-year leases. Now, refinancing will become easier for Airbnb hosts who have struggled in the past. The company […]

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Airbnb wins big mortgage support, but loses Detroit

Airbnb got a major win for its hosts on Thursday — but also dealt with the fallout from a serious and unusual blow in Detroit …