Vlog #6 - Is Your Home Worth as Much as You think?
We look at the recent Home Price Perception index report from quicken home loans which evaluates home sellers expected values of their home vs the appraised value?
The gap between appraiser and homeowner opinions of home value increased in April as homeowners overestimated the value of their homes by 0.69%. Meanwhile, home values bounced back, increasing by 0.28% in April following a March decrease in prices.
To have success and to sell your home in a reasonable time frame, it’s important for homeowners in the market to have an accurate expectation of home value.