While the Home Price Perception Index showed an increasing gap between homeowner and appraiser opinions of home value, home prices did see increases in April.
In February, for the first time in 18 months, appraiser opinions of home values fell slightly below homeowner estimates. Meanwhile, home values continued to rise.
Consumer sentiment fell and jobless claims went up. Still, the economic news wasn’t all bad, as the stock market saw some record highs. There will be more headlines, mortgage rates and a glance at the week ahead in this week’s Market Update.
Winter gets us all down, but don’t pout! This Week in Financial Blunders is here to help distract you from your cabin fever with hilarious stories from all around the world (and Texas). Give it a read!