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Week of June 7th-Why owners often overestimate their home's market value

June 7, 2015

Do you know what your house is worth? Would you concede that there's a chance that your estimate of its value might be higher than what a buyer would pay?

A new statistical study, published in the Journal of Housing Economics, found that homeowners on average "overestimate the value of their properties by about 8%."

Read the LA Times story.

 



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