Sixty percent (60%) of American adults say it will take three years or longer for housing prices to recover. That’s up slightly from 57% who thought it would take that long a month ago.
Confidence in the housing market is down again, with just 61% of Americans now saying that buying a home is the best investment most families can make.
The number of U.S. homeowners who say their house is worth more than the amount they still owe on their mortgage is down seven points since December.
