Freezing in NH

What, me worry?

Despite turmoil in the housing markets that includes record foreclosure numbers, mortgage rate increases and home price depreciation, homeowners don’t believe there’s a real estate slump, according to a new poll.

Most – 55 percent – are confident that their homes continued to increase in value compared with a year ago, according to a nationwide telephone survey conducted this month by The Boston Consulting Group (BCG), a business and management strategy firm. 

Wow.  I bought my house in 2004 and figure it appreciated that year (mostly due to improvements, not to the market).  I have some more repairs to make which should increase the price, but I don’t think the base price is up much if any over what I paid (2004 up, 2005/6/7 down, comes out about even).

This entry was posted on Friday, June 22nd, 2007 at 1:48 pm and is filed under articles, real estate. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.