Last month, appraised home values in San Francisco were 3.94 percent higher than home value perceptions. This difference in value perception has remained relatively unchanged during the past year, as during December 2014 appraised values were 4.45 percent higher, a recent Quicken Loans index shows.
- During the past year, appraiser and homeowner opinions have noticeably narrowed in Los Angeles.
- There and both positives and negatives for homeowners who are undervaluing the equity in their homes.
- Appraised values are also noticeably higher than homeowner perceptions in San Jose.