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More Homeowners Now Confident Their Home is Worth More Than They Owe on It

A new report released Thursday confirmed what homeowners were already feeling: Home values are on the rise and more homeowners than ever are breathing a sigh of relief that the value of their property outweighs their mortgage.

A new Rasmussen Reports national telephone and online survey finds that 66% of American Homeowners now say the value of their home is worth more than the amount they owe on their mortgage, the highest result in nine years of surveying. Just 24% now say their home is not worth more than what they still owe on it, but 10% are not sure. (To see survey question wording, click here.)

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The survey of 740 American Homeowners was conducted on May 20-21, 2018 by Rasmussen Reports. The margin of sampling error is +/- 3.5 percentage points with a 95% level of confidence. Field work for all Rasmussen Reports surveys is conducted by Pulse Opinion Research, LLC. See methodology.

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The survey of 740 American Homeowners was conducted on May 20-21, 2018 by Rasmussen Reports. The margin of sampling error is +/- 3.5 percentage points with a 95% level of confidence. Field work for all Rasmussen Reports surveys is conducted by Pulse Opinion Research, LLC. See methodology.

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