Homeowners Misjudge Value…Again

Homeowners again misjudged the value of their homes in April, with their estimates coming in 1.90 percent above those of appraisers, according to the latest Quicken Loans’ National Home Price Perception Index (HPPI). The gap has now widened five months in a row.
The latest Quicken Loans National Home Value Index (HVI) shows appraised values rose 5.08 percent year-over-year in April.
“Home values were pushed higher once again by the demand for housing outpacing the stock of available