Sunday, June 24, 2007

Homeowners Optimistic about Home Prices

Homeowners upbeat despite housing slowdown


NEW YORK - Slumping home sales and drooping prices haven't diminished homeowner optimism about their own nest egg's value, a recent survey shows.


The survey by Boston Consulting Group showed 55 percent of Americans believe they could sell their house for more money now than a year ago, down slightly from the 59 percent who felt that way last summer.

Nearly three-quarters think they could sell their homes within the next six months at a price they set, and 63 percent feel that real estate is a good or excellent investment.

Associated PressJun. 24, 2007 12:51 PM



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