Friday, December 08, 2006

Homeowners still optimistic about value

December 8, 2006

Quoting from the Dow Jones Newswires:

"Recent broad declines in home prices have slightly dented the outlook of U.S. homeowners, but a new poll published Wednesday shows they remain optimistic about the value of their property.

A nationwide poll conducted by the Pew Research Center between October and November showed that more than eight in 10 homeowners expect the value of their homes to go up either "a little" (55 percent) or "a lot" (26 percent) in the future.

The results of the Pew poll that involved 2,000 interviews also show that, despite continued optimism, expectations have been tempered by the marked slowdown in the housing market."

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