Rasmussen Reports released a poll of homeowners last week which stated that 21% of homeowners believe the value of their home will increase over the next year.
Homeowners remain more optimistic about both the short- and long-term housing markets than they were for nearly all of last year. That confidence appeared to stall slightly in March but now has bounced back.
The latest Rasmussen Reports national telephone survey of homeowners finds that 21% now expect the value of their home to go up over the next year. Twenty-five percent (25%) expect their home’s value to go down, and 52% think it will stay the same. (To see survey question wording, click here.)
The national survey of 700 Adult Homeowners was conducted on April 15-16, 2012 by Rasmussen Reports. The margin of sampling error is +/- 4 percentage points with a 95% level of confidence.
That same 21% also stated they believe that Mitt Romney’s dog really loved his ride on the roof of his car.