Tag Archives: HVI

Estimates about home values among homeowners and appraisers were considerably closer to lining up during the final month of 2017, according to new data released by Quicken Loans. ...

Quicken Loans found that the gap is closing between between opinions of values from appraisers and homeowners, even as prices rise.

Quicken Loans released their Home Price Perception Index for August, which showed a continued gap between appraisal values and homeowners expectations. By region, the nation was split as to whether homeowners over, or underestimated the value of their home.

It’s no secret that appraisals are going up, but are they in line with home appreciation, and homeowners’ expectations?

On Tuesday the May Quicken Loans National Home Price Perception Index and National Home Value Index was released, showing that while home prices continue to rise, they are not rising as fast as homeowners expect. There are, however, cities, such as Denver, Dallas, and Seattle, where appraisals are higher than what homeowners expect. Philadelphia, Baltimore and Chicago had the largest disparity between appraisals and homeowner expectations.