Survey says? Homeowners think real estate collapse is over

A Thomson Reuters/University of Michigan survey published last week suggests that most homeowners think the worst is over, and don't anticipate further declines in the value of their properties in 2010.

Just 15% of homeowners surveyed in January expected their homes to decline in value over the next year, the lowest level since early 2007. It should be noted that the last time a lower percentage of homeowners expected their homes to fall in value, home prices promptly tanked.