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Tag Archives: Appraisals

MCS Valuations Announces Closing of Utah Office

MCS Valuations (MCSV) has announced the closing of its Sandy, Utah, office. The company will move of all of its operations to the Mortgage Contracting Services (MCS) headquarters in Plano, Texas, and MCS offices in Tampa, Florida, and Ruston, Louisiana.

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Appraisers, Homeowners Come Closer on Home Value Estimates

Quicken Loans said Tuesday that appraisers' home value estimates came in an average 0.18 percent higher than homeowners' estimates last month. The difference marks the narrowest gap between opinions since September 2013, when appraisers' estimates came in higher than homeowners' for the first time in seven years.

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Home Values Down as Appraisers, Homeowners Get in Sync

Using data drawn from tens of thousands of appraisals nationwide, Quicken Loans reported a 0.74 percent month-over-month drop in its Home Value Index (HVI) last month. Bob Walters, chief economist for Quicken Loans, said it would be a mistake to put too much emphasis on a slight monthly decline.

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