As some parts of the U.S. housing market work their way out of the housing recession, while the majority of markets continue to decline, homeowners across the country had mixed opinions of the state of their own homes' values, according to the Zillow Q1 Homeowner Confidence Survey. Nationally, homeowners were overconfident, with half(50 percent) believing their own home's value declined in the past year. In reality, 65 percent of U.S. homes declined in value, according to Zillow's Q1 Real Estate Market Reports.
