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Gap Between Appraisals and Expectations Widens

from BuilderOnline

Quicken Loans, Detroit, said that home values assigned by appraisers were 1.93 percent lower than what homeowners estimated in June, according to the company's national Home Price Perception Index (HPPI). The difference between value perceptions from appraisers and owners has slightly widened since May, when appraised values were 1.89 percent lower than expected. more

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