A new opinion poll shows that Americans feel home prices won’t improve enough in the next five years to pull millions of underwater homeowners out from being upside down on their home mortgages. The just complete poll found that 2 out of 3 surveyed or 66% don’t expect home prices to improve within five years… Continue reading Americans Feel Home Prices Won’t Improve
Category: Poll
S&P Downgrade Shakes Confidence in Housing Market
The Standard and Poor’s U.S. credit downgrade seriously shakes the confidence that a recovery in the U.S. housing market will develop anytime soon, according to a new Housing Predictor poll. More than 2 out of 3 respondents or 67% said that the S&P downgrade shakes their confidence that a recovery in the housing market will… Continue reading S&P Downgrade Shakes Confidence in Housing Market
Wealth Effect Impact Leaves U.S. Feeling Poorer
The way people feel about their personal well being in relationship to money is taking a serious hit as the Wealth Effect leaves Americans feeling poorer, a new Housing Predictor survey has found. The impact of the real estate crash is hitting home as housing prices deflate in the majority of the country, and have… Continue reading Wealth Effect Impact Leaves U.S. Feeling Poorer
Majority Would Squat in Vacant Homes
If everything went to pot the majority of Americans would squat in vacant homes before going homeless. That was the result of the latest Housing Predictor opinion poll. The online survey found that 55% of all respondents would become a tenant in a vacant home legally or illegally if they had to do so. The… Continue reading Majority Would Squat in Vacant Homes
Majority Affected by Foreclosures
The crisis is hitting home. An overwhelming majority of respondents to a new Housing Predictor poll say they are directly affected by the foreclosure crisis in their own neighborhood. The survey found that 74% of all those who took part in the online survey from all 50 U.S. states said they think the foreclosure crisis… Continue reading Majority Affected by Foreclosures
Illegally Foreclosed Should Be Compensated
Homeowners caught up in the banks robo-signing scandal that have illegally been foreclosed should be compensated financially by the banks that foreclosed on their homes to settle differences, according to an over whelming majority of respondents in a new Housing Predictor opinion poll. The survey shows that despite the blame Americans place on some homeowners… Continue reading Illegally Foreclosed Should Be Compensated
Mortgages Biggest Spike in 3 Months
Demonstrating that there’s pent up demand for refinances and new home purchases despite erratic highs and lows in the marketplace, applications for home mortgages spiked to the highest level in three months as mortgage interest rates continued to fall. The biggest jump in the last quarter was led by refinancing, which gained 16.5% for the… Continue reading Mortgages Biggest Spike in 3 Months
Glass-Steagall Should Be Re-Adopted, Survey Overwhelmingly Shows
The Glass-Steagall Act that was enacted at the height of the Great Depression to halt “improper banking activity” should be re-adopted to halt the possibility of another financial crisis, according to a new Housing Predictor survey. Respondents to the online opinion poll overwhelmingly support the act’s re-implementation. During the Great Depression when half of all… Continue reading Glass-Steagall Should Be Re-Adopted, Survey Overwhelmingly Shows
Survey Finds Congress Should Force Banks to Modify Mortgages
Congress should force bankers to modify mortgages for homeowners who are in trouble on their home loans instead of foreclosing, a new Housing Predictor survey has found. It’s been a subject of debate since the housing mess started more five years ago in many regions of the country, and especially since foreclosures hit record all-time… Continue reading Survey Finds Congress Should Force Banks to Modify Mortgages
Survey Shows Mixed Results on Handling Foreclosures
Respondents to a new Housing Predictor survey seem as divided as Congress on how to handle the growing foreclosure crisis. However, the largest percentage or 41% of those who took the survey said that the U.S. government should just let homeowners in default on mortgages get foreclosed. The mixed outcome comes as the foreclosure crisis… Continue reading Survey Shows Mixed Results on Handling Foreclosures