Homeowners Continue to Overestimate Value, Except in Hot Markets

Homeowners continue to overestimate the value of their homes, except in hot markets, according to the latest Quicken Loans’ HPPI. Appraised home values came in 1.55 percent below what homeowners expected in July, according to the latest Quicken Loans’ National Home Price Perception Index (HPPI). The latest Quicken Loans National Home Value Index (HVI) shows […]

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Homeowners Miss Mark When It Comes to Appraised Value

Homeowners again overvalued their homes in May, missing the mark by 1.93 percent, according to the latest Quicken Loans’ National Home Price Perception Index (HPPI). The gap has now widened six months in a row. The latest Quicken Loans National Home Value Index (HVI) shows appraised values rose 4.92 percent year-over-year in May. “It’s important […]

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Homeowners Misjudge Value…Again

Homeowners again misjudged the value of their homes in April, with their estimates coming in 1.90 percent above those of appraisers, according to the latest Quicken Loans’ National Home Price Perception Index (HPPI). The gap has now widened five months in a row. The latest Quicken Loans National Home Value Index (HVI) shows appraised values […]

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How Is Conditional Approval Different From Preapproval?

When you inquire about qualifying for a home loan, you’ll likely hear the term “conditionally approved,” but might not be sure what that means or how it differs from a preapproval. We’re here to explain so you can be in the know! A conditionally approved loan is closer to closing than a preapproved one but […]

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How Culture Can Help Define Your Office Success

The value of culture is often hard to measure, but is undoubtedly one of the most important aspects of any successful organization. Culture is often confused with environment. While a physical office space may be bright and colorful, the true culture of that space is defined by the people, their habits, their hearts and minds. […]

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Tax Refund? Why Not Invest in Your Home?

You may expect a sizable tax refund this year. That leads to the big question: What should you do with that money? Sure, you could save it. You could use it to pay down high interest rate credit card debt. You might even use it to start an emergency fund. But if you already have plenty […]

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Streamline Your Schedule With Quicken Loans’ Market Manager Team

As a real estate broker, you have a lot on your plate. From keeping your clients and agents happy to staying on top of budding market trends, your day-to-day task list may sometimes feel overwhelming. For Bill Christman, a broker with Weichert, REALTORS® eSolutions in Saint Clair Shores, Mich., streamlining his schedule is necessary in […]

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Appraiser Opinions Keep Falling Short of Homeowner Expectations

Appraiser opinions regarding home value kept falling short of homeowner expectations in March, coming in 1.77 percent lower, according to the latest Quicken Loans’ National Home Price Perception Index (HPPI). The gap has now widened four months in a row. The latest Quicken Loans National Home Value Index (HVI) shows appraised values rose 3.30 percent […]

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Positive Trends to Emerge for Buyers in 2017

In 2016, home prices experienced increases, despite the predictions of many that prices would fall for the first time since the recovery began. Home price gains were buoyed mostly by limited inventory, with entry-level homes being particularly short in supply. Many areas across the country saw sales prices touch their pre-2007 values, while mortgage rates […]

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Save Time Every Step of the Way With Quicken Loans

Not all buyers are created equal; their wants and needs can vary as much as night and day. As real estate professionals, agents and brokers need to be prepared to handle all kinds of customers, from the most tech-savvy of the bunch to those who have never touched social media or the internet. Learning how […]

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Too Many Leads, Not Enough Time? Help Is a Phone Call, Text or Email Away

For better or worse, we’ve been spoiled. In today’s information-ready world, when we need an answer, we expect to get it fast—almost instantly, in fact. Anything else falls short. The real estate industry is no exception. One of the biggest challenges for today’s real estate professionals is responding to leads with lightning speed. Yet, as […]

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