Appraised Values Remain Slightly Lower than Homeowners Expectations
Regan Hagestad
December 16, 2015
According to Quicken Loans’ Home Price Perception Index, November’s average home appraisals were 1.87 percent less than expected. This was the tenth month homeowners expected values exceeded appraised values. Along with this disappointment, the average home prices across the country continued to rise. November is the third month the difference between homeowner and appraised estimates became tighter. In many metro
