May 2, 2024 8:52 pm
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Fifth straight month homeowners valued homes higher than appraisers

homeowner

homeownerBy Trey Garrison | HousingWire

Appraiser home value opinions fell further below homeowner estimates in June, marking the fifth consecutive month of this trend at the national level, according to Quicken Loans.

Appraiser opinions of home values were 1.4% lower than homeowner estimates, according to Quicken Loans’ monthly national Home Price Perception Index.

Quicken Loans’ national Home Value Index (HVI) reported a slight increase of 0.74% in June, with home values increasing in all regions of the country except for the South, which posted a decline of 0.09%. National home values are up 4.38% from the year prior.

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