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Happy and they know it

Happy and they know it

Over the past few years, there has been plenty to be unhappy about in regards to the housing market. But those who own their home are feeling pretty good.

Nearly three-fourths (72 percent) of homeowners said they were satisfied with owning a home, according to HomeGain.com's 2012 National Home Ownership Satisfaction Survey.

The top reasons for homeowner satisfaction were pride of ownership and being in control of what types of improvements and upgrades to make in the home. Only a quarter (24 percent) of homeowners listed price appreciation as the primary reason for their satisfaction.

Among dissatisfied owners, nearly two-thirds (63 percent) said price depreciation was what left them unsatisfied. The costs of homeownership - property taxes, homeowner's association fees and maintenance and repairs - were the other most-cited responses.

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Across the U.S., the Northeast had the highest percentage of owner satisfaction with a 77-percent satisfaction rate, followed by the Southwest with 73 percent. The West had a 71-percent satisfaction rate and the Midwest 68 percent.

The survey of 1,400 homeowners queried when they purchased their home, the purchase price, the type of home purchased (new, existing, foreclosure, short sale) and the age groups of the homeowners.

Overall, owners who purchased their homes between three and eight years ago were least satisfied; those who purchased within the last three or more than eight years ago were most satisfied. Owners who paid less than $75,000 for their homes were the most satisfied. Those who paid more than $800,000 for their homes were least satisfied.

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