Homeowners in the West may be underestimating the value of their home

Bay Area, Denver, Portland and Texas markets are valued among the highest by appraisers.
  • Now is a good time to refinance in the West.
  • Home value increases have yet to slow in a number of Western markets.
  • The Midwest, Mid-Atlantic and Northeast regions are accounting for the overall decline in appraiser opinions.

Homeowners believe their homes are just slightly worth more than they are, according to new data. From a national perspective, appraiser opinions of home values were 2 percent lower than homeowner’s views in September.