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36% Expect Their Home’s Value To Go Up In Next Year

Friday, March 21, 2014

Confidence in the housing market remains stable at levels seen since early last year. The number of homeowners who say their home is worth more than what they owe on their mortgage has decreased slightly.

A new Rasmussen Reports national telephone survey finds that 58% feel the value of their home is more than what they owe. That is down from 61% in February but is higher than the 53% measured in January, the lowest level of confidence at the beginning of a year 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, unchanged from the previous survey. Fourteen percent (14%) are not sure. (To see survey question wording, click here).

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The survey of 668 Adult Homeowners was conducted on March 19-20, 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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