Appraised Figures Fail to Impress Homeowners

Appraised figures came in 1.70 percent below what homeowners expected in June, according to the latest Quicken Loans’ National Home Price Perception Index (HPPI)— the first time in seven months perceptions of value moved closer toward alignment.
The latest Quicken Loans National Home Value Index (HVI) shows appraised values rose 5.35 percent year-over-year in June.
“While a 1 or 2 percent difference in home-value opinions may not seem like a lot, it could be enough to derail a