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Strategies & Market Trends : Mish's Global Economic Trend Analysis
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To: regli who wrote (57756)10/7/2006 9:07:44 PM
From: RealMuLan  Read Replies (1) of 116555
 
Talk about the Americans are optimistic. RBC Capital recently asked 1003 US homeowners, whether they expect the value of their home to rise:

75.6% see their home's value climbing over next few years;
46% expect a gain of 5% or more annually;
30% expect a rise of 10-15% a year;

70% said their home's value had risen 10% or more in past three years;
6% think their home's value will sink in the next few years;
7.8% are worried that their mortgage might exceed the value of their home.
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