A survey recently conducted by Zillow found that the confidence of US homeowners in the value of their homes increased in the first quarter, 2010.
Half of homeowners surveyed think their home's value declined in the past year. Zillow actually found that 65% of US homes declined in value in 2010, based on its own methodology.
The company also found 7% of homeowners - 5.3 million homes - would be "very likely" to put their homes on the market in the next 12 months if they felt the market was improving. An additional 8% said they would be likely to list their homes, while another 14% would be somewhat likely.
How do you feel about the value of your Hawaii Kai home? If you want a detailed sales analysis of your neighborhood, just call or email.
Barbara Abe, Realtor