Homeowners' Perception vs Reality: Impact on Finances

New research reveals homeowners perception of their propertys value can significantly impact their financial decisions. Five percent of homeowners overestimate their homes worth by $53,000 or more, leading to increased spending and conservative investments. Online valuation tools like Zillow are improving but still off by 5% or more 16% of the time. Personal home value perception can greatly influence spending habits and investment strategies.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.