Tag Archives: Appraisers and Homeowners

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.

Quicken Loans, a Detroit-based mortgage lender reported today that the difference between appraiser and homeowner perceptions of home values continued to increase for the fourth consecutive month in May. For the first time in 22 months, appraiser opinions of home values were 1.15 percent lower than homeowner estimates, according to Quicken Loans’ national Home Price Perception Index (HPPI).