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
Wholesale
Rocket Pro Broadens Refi Pricing Push, Extends 100-BPS Purchase Credit

August Power Play reaches beyond cash-out refinances while pairing near-term pricing incentives with a longer-term broker technology play

Rocket Pro is broadening its refinance incentive and extending its stacked purchase credit for August, giving mortgage brokers another reason to revisit past clients while elevated rates continue to limit origination volume.The wholesale lender’s August Power Play increases ...

Continue reading
Non-QM
Angel Oak Boosts Non-QM, HELOC Purchases 39% In Q2

Executives point to healthy securitization demand and fresh capital for additional loan purchases during the mortgage REIT’s second-quarter earnings call

Angel Oak Mortgage REIT purchased $204 million in newly originated Non-QM mortgages and home equity lines of credit during the second quarter, up approximately 39% from a year earlier but down 17% from the first quarter.The results, combined with two securitizations complete...

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
The Fed Held. The Mortgage Market Got A Warning.

Three policymakers favored an immediate hike, while Warsh welcomed higher bond yields and offered no clear path toward mortgage-rate relief

Industry News
Jul 30, 2026
New Study Finds UWM's 'All-In' Triggered Industrywide Pricing Spillovers

Research shows wholesale competitors responded to the 2021 Rocket ban by lowering mortgage rates,

Industry News
Jul 15, 2026
First Major Housing Reform In Decades Becomes Law Without Trump's Signature

Bipartisan ROAD to Housing Act advances supply, construction, and mortgage reforms despite White House protest

Industry News
Jul 10, 2026
Mortgage Star Conference Honors Women Shaping The Future Of Mortgage Leadership

MWLC honors leaders driving innovation, mentorship, and growth across the mortgage industry

Industry News
Jul 09, 2026
June Jobs Report Improves Mortgage Rate Outlook

Slower hiring strengthens bonds and eases concerns over additional Fed tightening

Industry News
Jul 02, 2026
NEXA Founder Mike Kortas Launches evoLend To Help Originators Retain Borrowers

New Fannie Mae-, Freddie Mac- and Ginnie Mae-approved mortgage servicer aims to keep originators connected to borrowers through servicing data, payoff visibility and retention tools

Industry News
Jul 02, 2026