Archive for November, 2011

Study Reveals 42% of Prospective Homeowners Still Expect Home Values to Increase 7% a Year

Wednesday, November 2nd, 2011

A new study by Zillow of prospective homeowners revealed that 42% believe home values will appreciate by 7 percent a year. This despite the fact that home values have steadily declined since the 2008 market crash. It is also in sharp contrast to the historic home value appreciation rate. According to research by Robert Shiller from 1890-2006 US home values appreciated on average 3.7% a year.