Do you think the real estate market has hit rock bottom?  According to website Zillow.com, a majority of American’s think a bottom it has.

Here are some facts from Zillow’s Q1 Homeowner Confidence survey:

  • A majority, or 60 percent, believe their home lost value during the past 12 months
  • In reality, 80 percent of homes across the country lost value during the past 12 months
  • Additionally, 18 percent believe their home gained value in the past 12 months
  • 22 percent believe its value remained the same
  • And, most homeowners — 74 percent — believe their home will not decline in value in the coming six months

What do you think?

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