Worried homeowners
The poll, conducted with AOL Money & Finance, found that 14 percent of homeowners with mortgages "worry that they might soon fail to make their monthly payments," nearly 30 percent are anxious that their homes will lose value within two years and 60 percent "said they definitely will not buy a home in the next two years."
The story notes:
Eleven percent were certain or very likely to buy soon, down from 15 percent two years ago.
I'm sure there would be at least some variety in answers from state to state if the poll results could be broken down that way.
So -- in a completely unscientific way, of course -- feel free to put in your answers here. If you have a mortgage, do you think you might miss payments soon? Do you think your home will lose value in the next two years, maintain its current value or gain value? Do you think you might -- or do you plan to -- buy a home in the next two years?
Fair warning: I'll be away from a computer most of the day. I'll put up any responses tonight.
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Comments
This time next year, or a little before, I should be ready to buy. I'm looking to move, and I'm tired of renting. That prices seem to be going down is nice (for me), but isn't really a factor.
Posted by: Jim | April 15, 2008 8:28 AM
I won't miss payments, I suspect my house will lose some value (actually, I expect improvements to keep the value about constant, but a few years ago those improvements would have been matched by increases in value; now they're not 'paid for' in that sense, they're just a consumption choice because I'd like to get some stuff done) but hopefully not too much, and hells no I won't be moving in the next two years.
Posted by: mhs | April 16, 2008 12:04 PM