47% Say Their Home is Worth More Than What They Owe
Fewer than half of the nation’s homeowners continue to report that their home is worth more than what they still owe on the mortgage. Overall attitudes about the housing market remain relatively pessimistic.
A new Rasmussen Reports national telephone survey of U.S. Homeowners shows that 47% report their home is worth more than what they owe on their mortgage. Thirty-nine percent (39%) say their home is not worth more than what they still owe, while 14% are undecided. (To see survey question wording, click here.)
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The survey of 749 Homeowners nationwide was conducted on September 16-17, 2012 by Rasmussen Reports. The margin of sampling error is +/- 4 percentage points with a 95% level of confidence. Fieldwork for all Rasmussen Reports surveys is conducted by Pulse Opinion Research, LLC. See methodology.