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Tag: delusion

Zillow: Homeowners in the West “Continue to be Overly Optimistic”

Posted on November 18, 2009 by The Tim

Zillow’s latest “Homeowner Confidence” survey came out yesterday, and as usual, provides an interesting look into the psychology of the market. …in the hardest-hit region of the country, the Western states, homeowners continued to be overly optimistic when evaluating the value of their own homes. Nationwide, when asked about their own home’s value over the…

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