{"id":6227,"date":"2017-09-14T00:00:00","date_gmt":"2017-09-14T00:00:00","guid":{"rendered":"https:\/\/amazingproperty.com.ng\/blog\/consumers-appraisals-still-falling-short\/"},"modified":"2017-09-14T00:00:00","modified_gmt":"2017-09-14T00:00:00","slug":"consumers-appraisals-still-falling-short","status":"publish","type":"post","link":"https:\/\/amazingproperty.com.ng\/blog\/consumers-appraisals-still-falling-short\/","title":{"rendered":"Consumers: Appraisals Still Falling Short"},"content":{"rendered":"<p>\n<\/p>\n<div readability=\"40.838208409506\">\n<!--\n\n<pre>-->  \n  <div property=\"dc:description\" readability=\"30.866087751371\"><!--paging_filter--><p>Appraisals continue to lag homeowners\u2019 price expectations, according to the latest Quicken Loans\u2019 National <a href=\"https:\/\/amazingproperty.com.ng\/blog\/tips-for-house-price-negotiation\/\">Home Price<\/a> Perception Index, which compares homeowners\u2019 initial estimates and appraiser\u2019s opinions of home values. Appraised values were 1.35 percent lower than homeowners\u2019 expectations in August. That has narrowed from a 1.55 percent difference in July.<\/p>\n\n<blockquote readability=\"1.2452830188679\">\n<p><strong>Read more<\/strong>: <span class=\"l\">Owners, Appraisers Disagree on Home Values<\/span><\/p>\n<\/blockquote>\n\n<p>Many homeowners are still not understanding their home\u2019s current value, according to the analysis. The perceptions can vary quite a bit across the country, too. For example, home values are 3 percent higher than homeowners\u2019 estimated values in the West, while they are 3 percent lower than expected in the Midwest and Northeast.<\/p>\n\n<p>\u201cA 3 percent difference may seem small, but depending on the local market, it could make a significant impact on value,\u201d according to Quicken Loans\u2019 study. \u201cFor instance, a homeowner in Denver may have upwards of $11,000 in additional equity they can access for home improvements or <a class=\"wpil_keyword_link\" href=\"https:\/\/amazingproperty.com.ng\/blog\/get-real-estate-loan-for-real-estate-investors\"   title=\"loan\" data-wpil-keyword-link=\"linked\">loan<\/a> consolidation.\u201d<\/p>\n\n<p><img data-recalc-dims=\"1\" decoding=\"async\" alt=\"\" src=\"https:\/\/i0.wp.com\/realtormag.realtor.org\/sites\/realtormag.realtor.org\/files\/rmo_files\/images\/2017_sept\/09_14_quicken.png\" style=\"width: 400px; height: 415px;\"\/><\/p>\n\n<p><em>Source: Quicken <a href=\"https:\/\/amazingproperty.com.ng\/blog\/fast-flexible-real-estate-loans-usa\/\">Loans<\/a><\/em><\/p>\n<\/div>\n  \n    \n<\/pre>\n\n<\/div>\n\n\n\n\n<a hre=\"http:\/\/feedproxy.google.com\/~r\/DailyRealEstateNews\/~3\/cdHsIhaak3I\/consumers-appraisals-still-falling-short\"> Realtors.org <\/a>\n<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Appraisals continue to lag homeowners\u2019 price expectations, according to the latest Quicken Loans\u2019 National Home Price &hellip; <a title=\"Consumers: Appraisals Still Falling Short\" class=\"hm-read-more\" href=\"https:\/\/amazingproperty.com.ng\/blog\/consumers-appraisals-still-falling-short\/\"><span class=\"screen-reader-text\">Consumers: Appraisals Still Falling Short<\/span>Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":6228,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"advanced_seo_description":"","jetpack_seo_html_title":"","jetpack_seo_noindex":false,"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[4],"tags":[4751,12908,543,627,1329,1007,41,818,479,15282],"class_list":["post-6227","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-opportunities-in-new-markets","tag-amazing","tag-home","tag-home-buying-guide","tag-homeowners","tag-loan","tag-owners","tag-property","tag-real","tag-realtor","tag-ross"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/09\/09_14_quicken.png?fit=708%2C734&ssl=1","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/posts\/6227","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/comments?post=6227"}],"version-history":[{"count":1,"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/posts\/6227\/revisions"}],"predecessor-version":[{"id":90528,"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/posts\/6227\/revisions\/90528"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/media\/6228"}],"wp:attachment":[{"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/media?parent=6227"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/categories?post=6227"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/tags?post=6227"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}