New Low: 18% Say Their Home Worth Less Than When They Bought It
Sunday, March 23, 2014
Homeowners remain confident they know how much their homes are worth in today’s market, and fewer than ever report their home has lost value. A new Rasmussen Reports national telephone survey finds that 57% of homeowners say their home is worth more today than when they first bought it. That’s down slightly from the past several months. But just 18% now say their home is worth less today, down from 24% and the lowest level measured since regular tracking began in April 2011. Twenty-one percent (21%) say their home’s value is about the same. (To see survey question wording, click here.)
The survey of 668 Adult Homeowners was conducted on March 19-20, 2014 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.