24% Say Their Home is Worth Less Than When They Bought It
Most homeowners continue to believe their home is worth more now than when they bought it, but slightly more are now saying their home’s value has gone down.
A new Rasmussen Reports national telephone survey finds that 58% of American Homeowners believe their home is worth more today. That's down just one point from November and consistent with regular surveying for the past year. But one-in-four (24%) now say their home is worth less than when they purchased it, a five-point increase from November and the highest level of pessimism since June. Sixteen percent (16%) think their home's value hasn't changed much, down from 20% in the previous survey. (To see survey question wording, click here).
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The survey of 670 Adult Homeowners was conducted on January 16-17, 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.