Difference of Opinion Between Appraisers and Homeowners Widens

Appraisers and homeowners are less eye-to-eye on home value for the first time in six months, with the gap between their opinions widening in December to 1.33 percent, according to Quicken Loans’ National Home Price Perception Index (HPPI). The difference in opinion, says Quicken Loans Chief Economist Bob Walters, helps to impart understanding for homeowners, who often hold their homes at higher value than appraisers.
“It’s our hope that homeowners use the HPPI’s unique d