Not exact matches
The BLS asks its statistical sample
of homeowners to
estimate the market
value of their
homes.
The
homeowner simply needs to know the
estimated cost
of the proposed improvement, the current
value of the
home, and the current amount owed on the
home.
As a general rule, the Federal Reserve Bureau says you can
estimate the expense
of homeowners insurance by dividing the
value of your
home by 1,000 and then multiplying that number by $ 3.50.
Homeowners may also want to consider a «feasibility study,» in which an appraiser
estimates the
home's
value before and after the completion
of the project.
The National HPPI shows
homeowners»
estimated values were an average
of 1.69 percent higher than appraisers»
home value opinions in February.
The HPPI has been on a trend
of narrowing the gap between
homeowner estimates and appraiser opinions
of home values since April.
For the near term, the USCM report
estimates that average
home values will drop by an additional $ 519 billion in 2008, bringing the total forecast
of lost equity for the nation's
homeowners to $ 1.2 trillion.
The RBC survey says Canadian
homeowners estimate the average market
value of their
homes at $ 214,337, which is somewhat less than the national average
of $ 258,274 reported by CREA in January 2006.
As a recent Quicken Loans
Home Price Perception Index (HPPI) report shows, homeowner estimates averaged 2 percent higher than those of appraisers — a considerable margin in markets with ballooning home values, says Quicken Loans Chief Economist Bob Walt
Home Price Perception Index (HPPI) report shows,
homeowner estimates averaged 2 percent higher than those
of appraisers — a considerable margin in markets with ballooning
home values, says Quicken Loans Chief Economist Bob Walt
home values, says Quicken Loans Chief Economist Bob Walters.
«I don't think it's a coincidence the West is showing the greatest
home value increases with almost all
of the western cities measured in the HPPI exhibiting appraiser opinions higher than
homeowner estimates,» Walters continued.
This news is according to Quicken Loans» recent report that appraiser opinions
of home values were 2.65 percent lower than homeowner estimates in August, according to the company's national Home Price Perception Index (HP
home values were 2.65 percent lower than
homeowner estimates in August, according to the company's national
Home Price Perception Index (HP
Home Price Perception Index (HPPI).
Home Price Perception Index (HPPI) The trend
of homeowners estimating their property's
value higher than the actual appraised
value continued in September.
CoreLogic
estimates 95.4 %
of California
homeowners with mortgages have equity, with only 4.6 %
of mortgages underwater — where consumers owe more than the current
value of their
home.
As part
of My
Home, realtor.com ® is introducing an enhanced home value estimate for homeowners that utilizes lender - grade valuation models to provide a better estimate of what a home is worth today and in the fut
Home, realtor.com ® is introducing an enhanced
home value estimate for homeowners that utilizes lender - grade valuation models to provide a better estimate of what a home is worth today and in the fut
home value estimate for
homeowners that utilizes lender - grade valuation models to provide a better
estimate of what a
home is worth today and in the fut
home is worth today and in the future.
It is a helpful feature for
homeowners who want to manage their
home as an asset and track the
estimated value of their
home.