May 29
Do you think the real estate market has hit bottom?
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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