Monday, June 05, 2006

Most People Don't Think There's a Housing Bubble

It seems that homeowners are less worried about a housing bubble this year than they were last year. A survey commissioned by ING Direct found that three-quarters of respondents had 'very little concern' about the prospective value of their homes, the company said.
The survey found that 85 % of homeowners believe that their house increased in value during the last three years. Many of the owners felt their home`s value will go up by about 4% in the next 12 months.

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