Optimism About Home Values
Do you think your house is worth as much today as it was last year? With all the gloomy news about the tanking housing market, one would think most people would be equally pessimistic about the value of their homes, but surprisingly a new study by Fizber.com shows most people believe their home is worth the same or even more this year. The survey said people must be either in denial or not paying attention because, nationwide, 62 percent of people think their home is worth the same than last year, when in reality, 77 percent of homes lost value.
http://fsbo.fizber.com/2008/08/07/opt...