55% Say Their Home Value Worth More Than What They Still Owe
Just over half of U.S. homeowners still say their home is worth more than what they owe on it.
A new Rasmussen Reports national telephone survey finds that 55% of American Homeowners say their home is worth more than the amount they still owe on their mortgage. That’s up from 50% a month ago but is still down from a high of 61% in December 2008. Thirty-three percent (33%) say they owe more than their home is worth. That's down from a high of 42% and consistent with surveying for nearly a year now. Twelve percent (12%) are not sure. (To see survey question wording, click here.)
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The national survey of 640 Homeowners was conducted on July 23-24, 2013 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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