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April 22, 2008

Another day, another poll

Can't wait to hear what Americans -- or at least surveyed Americans -- think about the housing market? This is your lucky hour. A new AOL Real Estate/Zogby International poll says that 31 percent of people surveyed believe their home is worth more now than it was a year earlier and 56 percent "do not think their home will be worth less in five years."

Whether those figures suggest optimism or pessimism probably depends on your opinion of the market.

Other results from the poll, which was conducted with 6,678 adult participants in February and has a margin of error of plus or minus 1.2 percentage points:

--Thirty percent "are working paycheck to paycheck to cover housing costs"

--Thirty percent know someone who has lost a home to foreclosure "or is being forced to sell" due to mortgage troubles

--Sixteen percent of people who aren't planning to sell or buy a home this year are intending to embark on a "major" home remodeling project

Click HERE to see the results online, though be warned that not everything in the press release AOL sent us appears to be viewable on the site.

Posted by Jamie Smith Hopkins at 5:16 PM | | Comments (0)
        

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About Jamie Smith Hopkins
Jamie Smith Hopkins, a Baltimore Sun reporter since 1999, writes about the regional economy. Her reporting on the housing market has won national and local awards. Hopkins is a Columbia native and has lived in Maryland all her life, save for 10 months spent covering schools in Ames, Iowa.
She trained to become a wonk by spending large chunks of time as a geek and an insufferable know-it-all.
Baltimore Sun articles by Jamie
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