Thursday, August 22, 2013
Just half of homeowners believe their home is worth more than what they still owe on it, but confidence in the short-term housing market remains higher than it has been in several years.
Fifty-one percent (51%) of U.S. homeowners say the value of their house is worth more than the amount they still owe on their mortgage, according to a new Rasmussen Reports national telephone survey. That finding is down from 55% a month ago. Thirty-six percent (36%) say they owe more than what their home is worth, while 13% are not sure. (To see survey question wording, click here.)
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The survey of 719 U.S. Homeowners nationwide was conducted on August 20-21, 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.Rasmussen subscribers can log in to read the rest of this article.
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