Destin , FL – May 16, 2011 – (RealEstateRama) — A new Housing Predictor survey reveals that Americans are almost amazingly as divided as Congress on how to handle the growing foreclosure crisis. And a large portion of them say that the U.S. government should just let homeowners in default on mortgages get foreclosed.
The mixed outcome comes as the foreclosure crisis gains momentum in the U.S. and a new credit reporting agency study shows that a growing number of homeowners are strategically defaulting on mortgages. Some 35% are now intentionally walking away from mortgages. Visit Housing Predictor for details on the new opinion poll.
Foreclosures have resulted in 7-million homeowners losing homes since the housing mess started with momentum growing for the crisis to reach 15-million homeowners. Upside down mortgage holders are walking away from their homes in rising numbers as the nation struggles with high unemployment, falling home values in most regions of the country and a weak economy.
Housing Predictor tracks more than 230 local housing markets in all 50 U.S. states, forecasts markets across the country and keeps visitors up to date on real estate news and mortgage rates.