Housing Confidence Stalls After Early 2012 Gains
Confidence among homeowners in housing values has fallen back slightly after several months of steady gains.
The latest Rasmussen Reports national telephone survey of U.S. Homeowners shows that 50% now say their home is worth more than what they still owe on their mortgage. That’s down from a recent high of 57% last month and more like results measured during much of 2011. Thirty-six percent (36%) now owe more than what their house is worth, also more similar to last year’s findings. Fourteen percent (14%) are not sure. (To see survey question wording, click here.)
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The national survey of 731 Adult Homeowners was conducted on March 18-19, 2012 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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