In Face of Housing Slowdown,Homeowners Remain Optimistic

By Andrea Coombes From MarketWatch
Homeowners are either remarkably stable people with their financial houses in order or they've got their heads in the sand. Despite news of late that the housing market is slipping, just 6% of homeowners in a survey in August said they think their home's value will decline in the next 12 months.
Ten percent expect their home's value to increase a lot in that time, 53% expect it to increase a little and 27% expect it to stay the same. Another 4% weren't sure where home values would go, according to the survey of 1,361 homeowners nationwide conducted for Wells Fargo and released Monday.