{"id":333675,"date":"2010-02-18T00:01:02","date_gmt":"2010-02-18T05:01:02","guid":{"rendered":"http:\/\/www.zillow.com\/blog\/?p=17846"},"modified":"2010-02-18T00:01:02","modified_gmt":"2010-02-18T05:01:02","slug":"hey-you-pessimists-yes-you-homeowners-it%e2%80%99s-not-quite-that-bad%e2%80%a6","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/333675","title":{"rendered":"Hey You Pessimists (Yes you, homeowners): It\u2019s Not Quite That Bad\u2026"},"content":{"rendered":"

It’s been two years now since we first fielded <\/a>our regular Homeowner Confidence Survey — a quarterly barometer on how homeowners perceive their own home’s value and how it relates to the reality of the market.<\/p>\n

In this quarterly survey, done with Harris Interactive and based on answers from more than 2,200 U.S. adults, we’ve typically found homeowners to be an optimistic bunch. In the past,\u00a0homeowners believed\u00a0their home held its value – or even increased in value – despite market trends showing the opposite as home values rapidly declined over the past couple of years.<\/p>\n

This quarter’s poll<\/a> found an entirely different phenomenon, and one that marks a significant turning point in what we’ve dubbed our Zillow Home Value Misperception Index. For the first time, homeowners are bearish on the value of their own homes, dipping into actual pessimism for the first time. Specifically:<\/p>\n