Sunday, August 10, 2008

Quote of the day

Home owners are quite aware of the slow housing market, but most of them don’t think the trend is affecting their property, according to recent survey of 1,361 home owners.
Harris Interactive conducted the Homeowner Confidence Survey on behalf of real estate Web site Zillow. Results show that nearly two out of three (62 percent) home owners think their home value has increased or remained the same in the past year.
Link

You would have thought they are in the "panic"stage but there is still a long way to go from "denial" to "despondency"...

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