Appraiser Valuation Opinions Trail Homeowner Estimates

Appraiser opinions regarding home value trailed homeowners’ own estimates by 1 percent last month, according to the latest Quicken Loans’ National Home Price Perception Index (HPPI). The gap between the two, the Index shows, continues to close.
“The HPPI compares the perceived gap between the homeowner’s and the appraiser’s opinion of home values and has provided an intriguing look into the psychographics of our housing market,” says Quicken Loans Chief Econom