The divide between how homeowners and appraisers value homes is narrowing. (Photo: HousingWire)
Gap Between what Homeowners and Appraisers…
For the second consecutive month, the spread has tightened between average home appraisals and what homeowners think their house will appraise for. Quicken Loans added that while it’s too early to call it a trend, it is encouraging to see the gap between the estimates homeowners provide and the appraised values starting to narrow.