Harris Interactive and Zillow.com perform a study each quarter that measures how homeowners view their home’s value versus actual market stats. Former studies show homeowners held a belief that their home’s values were steady or rising despite the reality that values were dropping, showing a standard optimism of homeowners.

In the last quarter of 2009 however, homeowner sentiment has quickly slipped into pessimism, as the report shows that only 20% of homeowners believed their house increased in value in the previous year when they actually increased nationally 28%, according to Zillow.com

The study shows, Midwesterners lean optimistic, Southerners nearly match reality and Northeastern homeowners are the most pessimistic (click here to view map image)

File Under: Shh…don’t tell Bradley.

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Updated:  1st Q 2018

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