Homeowner Expectations Aligning With Appraiser Values

History has shown that homeowners typically believe the value of their home is higher price than the number presented by appraisers, but an interesting development has come forth as the housing market evolves, and a happy median is beginning to form.

Quicken Loans’ Home Price Perception Index (HPPI) found that homeowners valued their homes only 1.75 percent more than appraisers in January 2016, marking a full year that this trend had continued.

January 2016 will mark the fifth month that the national HPPI has moved toward a point of equality among homeowners and appraisers.

For the complete profile click here.

Leave a Reply

Your email address will not be published. Required fields are marked *