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.
Read More »Falling Short: Appraisals Not Meeting Homeowner 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.
Read More »Homeowners, Appraisers Continue to Diverge
Homeowner estimates and appraised values continue diverge, with April marking the fifth consecutive month the gap between the two has widened. Appraised values were 1.9 percent lower than homeowner expectations for the month. Discrepancies were highest in the West.
Read More »Quicken Welcomes Casey Hurbis as Chief Marketing Officer
Quicken Loans announced Casey Hurbis is joining the company as Chief Marketing Officer. Hurbis, recognized for re-introducing the FIAT brand in the U.S. after more than 25 years of absence, will take responsibility for all Quicken marketing, both online and off, and will manage Quicken’s home lending brand.
Read More »Building The Millennial Buy-In
The future of the housing market lies in the hands of the millennial generation. What measures should lenders take to attract this market to the idea of homeownership? Editors note: this article appeared as the cover story for the February issue of MReport.
Read More »Homeowners and Appraisers Go Head-to-Head
A recent index found that homeowners and appraisers are not agreeing on home values, and one region's isn't measuring up to other appraisal values across the nation.
Read More »The Week Ahead: Senate Expected to Vote on Mnuchin Appointment
On Monday the U.S. Senate is expected to vote on the confirmation of hedge fund manager and former Goldman Sachs partner Steven Mnuchin as Treasury Secretary.
Read More »Homeowners and Appraisers: The Gap is Shrinking
On average, appraisers and homeowners are coming closer to agreeing on the values of homes, continuing a five-month trend.
Read More »From D.C. to Detroit: Judge Moves Quicken Loans Trial
Since the beginning of the bitter battle between Quicken Loans and the DOJ, Quicken had argued that Detroit was the only appropriate venue for the trial.
Read More »Home Values are ‘Moving in the Right Direction’
Homeowners are overestimating the value of their homes, though not by much.
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