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Tag Archives: Quicken Loans

Underestimating Home Values

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.

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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.

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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.

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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.

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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.

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