26% Now Expect Their Home's Value to Increase Over Next Year
Short-term confidence among homeowners about the future of their homes' values is at its highest level in two years, and most now expect that value to increase in five year’s time. But at the same time those who think their home is now worth less than what they still owe on it ties an all-time high.
Twenty-six percent (26%) of Adult Homeowners think the value of their home will go up over the next year, according to a new Rasmussen Reports national telephone survey. Twenty-two percent (22%) expect their home’s value to go down over the next year, while 49% predict values will stay about the same. (To see survey question wording, click here.)
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