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 April 14, 2007

Americans Are Optimistic Regarding Home Values
A study suggests that Americans believe their neighborhood home values will remain steady or even increase over the next 6 months.
Some feel that prices will just remain steady, 16% feel that their home values would decrease, while 30% believe that their home value would rise.

Regarding the recent increase in foreclosures, several of the people surveyed did not show much sympathy towards borrowers that entered into loans that they are now defaulting on. Nearly 28% of persons polled feel that these borrowers should have known better before taking on these loans. 39% of the people surveyed believe that the lenders are at fault for the problem. 20% hold government regulators at fault.

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