Like McCain, Owners Home-Confused


Remember last year, when Presidential nominee Senator John McCain forgot how many houses he owned? Ha! Turns out he's not the only clueless person when it comes to homes. A new study from Zillow suggests many homeowners are out of touch with reality.

Take people in Colorado, for example. Most markets in the western United States dropped in the past year, but somehow, 28 percent of Colorado homeowners believe their home's value increased. According to Zillow just 17 percent of homes in the region actually increased in value.

They aren't the only ones scratching their heads...