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Homeowner Statistics

By
Title Insurance with Title Junction, LLC

Here are a few homeowner statistics I thought you might interesting, I know I sure did.     

1)  24% of homeowners who said their home had increased value in the past year, compared to 27% who said it had in the first quarter.

2)  34% of the actual number of homes that increased value in the second quarter.

3) 5 percent of homeowners who are waiting on the sidelines to sell their home in the next six months upon signs if a local real estate market turn around.

4) 2 out of 5 homeowners believe the real estate market has already hit its lowest level.

5) 27 percent of homeowners who believe their own home values will increase in the next twelve months; compared to 36 percent believe they will stay the same.

I hope you find these statistics interesting.  What are your thoughts (especially on the market)?  I would love to hear your feed back. 

Source:  Zillow

 

Posted by

Jennifer Ferri

Owner and Operator

Title Junction LLC

Edward & Celia Maddox
The Celtic Connection Realty - Queen Creek, AZ
EXPERIENCE & INTEGRITY - WE TAKE THE HIGH ROAD

Until this economy turns around, we will not see a significant change in homes prices.  Need to reduce the foreclosures first.  Thanks for sharing info.

Sep 27, 2010 05:00 AM
Jennifer Ferri
Title Junction, LLC - Fort Myers, FL

You are welcome and thank you for your input too!

Oct 04, 2010 07:46 AM
Anonymous
Andy N

What source did you use to obtain those numbers? I'm writing a document for college  on this topic, and I need some supporting material. Thank you for posting this information.

Jul 14, 2011 02:21 PM
#3
Jennifer Ferri
Title Junction, LLC - Fort Myers, FL

Hi Andy, I found this information on Zillow.com   Good luck with your paper, let me know if there is anything else I can do to help.

 

Jul 15, 2011 04:58 AM