Poll: Two-Thirds of Homeowners Report Post-Recession Valuation Increase – NMP
Industry News

Poll: Two-Thirds of Homeowners Report Post-Recession Valuation Increase

Jun 13, 2019
Photo credit: Getty Images/marchmeena29

Two-thirds of Americans who still live in the same home that they did before the Great Recession said their home is worth more now than it was in the pre-recession years, according to a new survey by Bankrate. Twenty-three percent of those polled by Bankrate said the value of their home is about the same as it was before the economic crisis, while 11 percent said their home is now worth less.
 
Bankrate also reported that 46 percent of the survey respondents who were homeowners at the time of the recession say their home lost value from December 2007 to June 2009, the peak years of the economic crisis, while 21 percent said their home lost value during the recession and never regained its pre-recession worth. Eleven percent of those who experienced home value depreciation during the recession said they no longer want to own a home as a result and 23 percent said they now have a more affordable home or mortgage.
 
As for overall financial health, 51 percent of respondents said their overall financial situation is better now than it was before the recession, while 23 percent believed their post-recession financial state is worse and 25 percent said they were doing the same.
 
“The echoes of the Great Recession remain very present in the financial lives of many Americans, despite the improvement in the broader economy,” said Mark Hamrick, Senior Economic Analyst at Bankrate. “While some have managed to prosper in the decade since, there are still tens of millions who are struggling to even get back to where they were before the economy took a turn for the worse.”
 
Bankrate commissioned YouGov Plc to conduct the survey, which polled 2,740 adults, including 2,315 who were 18 or older when the recession.
 
About the author
Phil Hall
Link copied
Published
Jun 13, 2019
Get the NMP Daily
Operations
Wells Fargo Backs 3D-Printed Housing With New Financing Program

Qualified buyers can receive a 50-basis-point lender credit as the bank looks to support alternative housing construction

Wells Fargo is expanding its involvement in the 3D-printed housing sector, announcing it has been named a preferred home mortgage lender for ICON, a company specializing in advanced construction technology.Under the arrangement, qualified buyers who finance the purchase of a...

Continue reading
Non-QM
eRESI Rolls Out AI Guideline Search For Non-QM Lending

Correspondent sellers will receive complimentary access to Guideline Guru's platform, allowing real-time searches of eRESI underwriting guidelines and instant AI-generated answers

eRESI has partnered with Guideline Guru to provide correspondent clients with complimentary access to an artificial intelligence-powered tool that streamlines Non-QM guideline searches and accelerates loan decision-making.The partnership will make Guideline Guru available ac...

Continue reading
Renew your NMLS License — for free.

Enjoy access to a free NMLS renewal class when you attend an in-person event.

Find an event
More from
Industry News
Trump Taps Former CFPB Deputy Brian Johnson To Lead Bureau

MBA backs the nomination as lenders await clarity on the future direction of consumer finance regulation under the Trump administration

Industry News
Jun 12, 2026
Trump Names FHFA Director Bill Pulte Acting Director Of National Intelligence

FHFA director will continue overseeing Fannie Mae and Freddie Mac while serving as acting director of national intelligence

Industry News
Jun 02, 2026
Realtor.com Launches AI Home Search Platform Built With Google

New RealAssist tool combines AI, affordability guidance and Google Maps data to engage buyers before they reach lenders

Industry News
Jun 02, 2026
Another MLS Challenges Zillow In Fight Over Listing Visibility

Realtracs joins MRED in pushing back on Zillow's listing policies, a battle with potential implications for the broader homebuying and mortgage ecosystem

Industry News
May 29, 2026
Gas Prices Are Quietly Reshaping Homebuyer Affordability

Rocket Money data suggests rising fuel costs are adding pressure to already payment-sensitive buyers as mortgage rates remain elevated

Industry News
May 28, 2026
MISMO Targets Costly TRID Fee Cures With New Mortgage Fee Standardization Framework

MBA’s standards organization says inconsistent fee naming still drives costly redisclosures and rework, with fee-related cures affecting more than 30% of mortgage loans

Industry News
May 27, 2026