North and South County Real Estate from Greg Almquist
Friday, November 30, 2012
Sunday, November 4, 2012
Friday, September 21, 2012
Friday, July 27, 2012
Confidence in the U.S. Housing Market Increases
Slowly but surely, Americans are regaining confidence in the
housing market and keeping the American dream of owning a home alive.
The new quarterly Prudential Real Estate Outlook Survey revealed
that nearly two-thirds (64%) of respondents had a favorable perception of the
U.S. housing market, a 4-point jump from the first-quarter 2012 survey and a 12-point
increase from first quarter 2011. As a matter of fact, nearly seven out of 10 Americans
surveyed (69%) also indicated that real estate is a good investment – that’s up
6% from first-quarter 2012 survey results and 17% from first quarter 2011.
Homeownership remains at the core of the American dream, with a solid 78% of respondents believing that owning
a home is still very important. A full 98% said homeownership was at least
somewhat important. In addition to historically low interest rates, one of the
factors dominating the desire to own a home is centered on the family. More
than financial security, tax benefits and a good investment, respondents
prioritized owning a home as a place to raise a family and have control over
their space.
Americans are dreaming with both feet on the ground.
Given the challenges and complexity of today’s real estate
market, Americans remain cautious about the home-buying process, with 30%
strongly agreeing that the housing crisis taught them to assert careful
planning when buying or selling a home.
Cautiousness has also brought with it the willingness and
openness to seek professional help in the process. A notable 74% of survey
respondents think it’s more important than ever to work with a good agent for
the best success in buying or selling a home, up from 72% in the first quarter
2012 survey.
Stay tuned for more survey results later this year!
Wednesday, June 27, 2012
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