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

  • 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.

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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.