Survey Shows U.S. Expects Riots
Destin, FL – October 3, 2011 – (RealEstateRama) — Not only are Americans aware of what’s going on with the U.S. economy and the housing market downturn, but a new Housing Predictor survey shows that nearly 2 out of 3 surveyed expect riots to break-out across the nation as a result of the troubles.
The finding was determined from a new Housing Predictor poll. The online survey has a margin of error of four to five percent taken by the website, which was first to forecast the foreclosure crisis and forecasts more than 230 local U.S. housing markets.
Foreclosures are pushing home prices lower in the majority of U.S. damaging neighborhoods and increasing crime in many areas. Some of the hardest hit housing markets in the nation, which include communities from Florida to Ohio and across the nation to California, have seen home values plummet by as much as 80%.
The foreclosure crisis has produced the worst real estate crash in U. S. history, exceeding the Great Depression. Housing Predictor tracks more than 230 local housing markets in all 50 U.S. states, independently forecasts markets across the country, regularly surveys visitors about important real estate related issues and keeps visitors up to date on real estate news and mortgage rates.