A massive 77 percent of owners believe their own home has either held its own or increased in value, according to a recent survey conducted by Harris Interactive.
All the negative press in the world apparently has had no effect on more than three quarters of all homeowners and that can only be good news.
In addition to the headline results, the survey also produced other interesting data.
· 82 percent will spend the same or more on minor home improvements (install new garbage disposal, repaint or wallpaper a room).
· 67 percent say they will spend the same or more on major home improvements (replace the roof, remodel the kitchen) this year.
• About a third say they are more likely or equally as likely to: take out a home equity loan (35 percent); refinance their mortgage or take out a second mortgage (36 percent); or sell their homes (34 percent).
(Copyright © 2008 By Simon L Conway All Rights Reserved.)
Please give me a call if you have questions about the Central Florida real estate market. You can reach me on 407 876 8200. Also visit my web site at http://www.simonconway.net/ or http://www.move2orlando.net/
Also remember to check out my weekly radio show - The Home Team - which airs every Sunday at Noon Eastern and if you are not in Central Florida then you can tune in on line at http://www.540wfla.com/