Owners Overvalue Homes By Larger Margin

Owners Overvalue Homes By Larger Margin

For the seventh consecutive month, the gap has widened between what home owners say their home is worth compared to what appraisers say, according to Quicken Loans’ August 2015 Home Price Perception Index.

Home owner estimates now stand 2.65 percent higher than appraiser opinions, the largest gap in more than a year, according to the index.

“The perception trend of most of this year suggests home owners may be assuming that home values have been in a steady, linear path upward,” says Bob Walters, Quicken Loans chief economist. “In reality, home values have remained mostly flat this year, and this false assumption may be leaving home owners disappointed when their appraisals come in.” Source: Realtor.com


HGR LEADS Headshot
Author:
Phone: 214-239-1889
Dated: September 10th 2015
Views: 1,771
About HGR: ...

Property Search








RSS Feed

View our latest blog posts in your RSS reader. Click here to access. RSS

Search Blog

Recent Blogs

Homes For Sale In Gunter On One Acre Or More - Click here to view Homes For Sale
Top Prosper Homes With A View - Click here to view the Top
4 Bedroom 3 Bath Homes In Prosper - Click Here to view Homes For Sale
4 Tips For Buying A Home In A Hot Market - When a market is hot, finding and

Saved Properties

This is a list of your favorite properties. We will email you if a property is reduced or leaves the market.

Click 'Save' to add a property to this list.

Register / Login

New & returning visitors please enter your information to login.

By clicking 'register' you are agreeing to our terms of use & giving us expressed written consent to contact you.

Questions? Comments? Complaints?

This message will go directly to the head of our team.

Location & Address

Halo Group Realty
825 Watters Creek Blvd. Suite 230
Allen, TX
469-437-4651
2144520590

Other Locations