Quicken Loans: Average Appraisal is Half of a Percent Less Than Expected
November 12, 2019
November 12, 2019
DETROIT, Michigan, Nov. 12 -- Quicken Loans, a subsidiary of Rock Holdings, issued the following news release:
Home value perceptions have remained steady, with owner expectations lagging appraiser opinions by about a half percent for the past few months. In October, appraisals were an average of 0.45% lower than what homeowners expected, according to the National Home Price Perception Index (HPPI). The data also show that the slow march toward perfect balance continued. The gap bet . . .
Home value perceptions have remained steady, with owner expectations lagging appraiser opinions by about a half percent for the past few months. In October, appraisals were an average of 0.45% lower than what homeowners expected, according to the National Home Price Perception Index (HPPI). The data also show that the slow march toward perfect balance continued. The gap bet . . .