52% Say Home Worth More Than What They Owe
While short-term confidence about home values is down from last month’s high , the number of homeowners who say their home is worth more than what they still owe on it is back over 50%.
The latest Rasmussen Reports national telephone survey shows that 30% of U.S. Homeowners expect their home’s value to go up over the next year. Fifteen percent (15%) expect the value to go down, while 51% say their home’s value will stay about the same over the next year. (To see survey question wording, click here.)
Win an IPad: Take the Rasmussen Challenge.
The survey of 646 Homeowners nationwide was conducted on March 17-18, 2013 by Rasmussen Reports. The margin of sampling error is +/- 4 percentage points with a 95% level of confidence. Fieldwork for all Rasmussen Reports surveys is conducted by Pulse Opinion Research, LLC. See methodology.