Is It a Good Time to Buy Real Estate?

Posted on

Is It a Good Time to Buy Real Estate? Check out this great blog

Ask Carolyn Warren

realtor2 A new Gallop poll suggests Americans are ready to buy real estate again. Optimism about the housing market is up, especially in the West where 72% of respondents said they expect home values to rise. And it’s no wonder.

Home prices have recently risen by double digits in several Western states, and especially so in California.

People in the South are slightly less optimistic, where 54% said it’s a good time to buy.

Midwestern folks seem to agree with 53% home values are rising.

Skepticism runs higher in the East where only 44% expect an increase in values.

Home owners are more optimistic than renters. Of all Americans who own a home, a big majority at 81% expect real estate prices to increase. On the other hand, only 44% of renters expect prices to increase.

Perhaps there’s a marketing clue there for real estate agents and mortgage lenders. Current home…

View original post 339 more words

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s