Monday, November 03, 2008


Homeowners more realistic about house values: "The Zillow 'Homeowner Confidence Survey,' released Wednesday, found that 49 percent of homeowners said they think their own home's value has increased or stayed the same over the past year. The report said nearly 74 percent of homes nationwide have lost value in the past 12 months.

The report also found that nationwide homeowners are not quite as confident as they were in the second quarter, when 62 percent said their homes either increased in value or remained the same."

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So our unrealistic expectations of our home's value are getting slightly less unrealistic.

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