Thursday, October 16, 2014
Homeowners’ short- and long-term confidence in their home’s value remain at levels seen since early 2013 and they also remain confident that their home is now worth more than what they owe on their mortgage.
A new Rasmussen Reports national telephone survey finds that 50% of American Homeowners now expect their home’s value to increase over the next five years. This finding is up slightly from September and the highest finding since June. Thirteen percent (13%) say the value will go down in that period, unchanged from previous survey. Twenty-seven percent (27%) believe it will stay about the same over the next five years, down slightly from September and in line with findings from last October. Nine percent (9%) are not sure. (To see survey question wording, click here.)
The survey of 701 American Homeowners was conducted on October 14-15, 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.Rasmussen subscribers can log in to read the rest of this article.
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