Quicken Loans

Gap between what homeowners and appraisers think is improving

Average home appraisals in October were 1.98% lower than what homeowners expected, marking the second consecutive month the spread has tightened after a long stretch of it widening, according to the most recent data from Quicken Loans. This is also the ninth consecutive month where homeowner’s estimates of value exceeded the appraised value of the home. Click to enlarge (Source: Quicken...

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