35% Expect Their Home’s Value To Go Up Over Next Year
The number of homeowners who say their home is worth more than what they owe on their mortgage has increased after a weak start to 2014.
A new Rasmussen Reports national telephone survey finds that 61% of homeowners feel the value of their home is more than what they owe on their mortgage. That is up from 53% in January, which was the lowest level of confidence ever measured for the month of January since Rasmussen Reports began regular tracking on this question in April 2009. Twenty-eight percent (28%) now say their home is not worth more than they owe, down from 32% in January. Eleven percent (11%) are not sure. (To see survey question wording, click here).
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The survey of 610 Adult Homeowners was conducted on February 11-12, 2014 by Rasmussen Reports. The margin of sampling error is +/- 4 percentage points with a 95% level of confidence. Field work for all Rasmussen Reports surveys is conducted by Pulse Opinion Research, LLC. See methodology.
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