Are You Sick of Bad News Yet?
We don’t know about you, but we’re absolutely sick to our gills here hearing about all the bad news regarding the economy, and more directly, the real estate industry.
Zogby AOL released a poll recently showing that over 50% of Americans believe that home ownership is still attainable for everyone. Other interesting facts in their survey showed:
- 31% of participants feel their home is worth more than it was a year ago
- 56% do not think their home will be worth less in five years
- 69% of Americans seeing real estate as a viable investment
- If forced to sell their home today, 50% would buy another home rather than rent
- Almost 50% of Americans would seriously consider purchasing a home through a foreclosure listing
- 67% of Americans surveyed turn to the Internet first when looking for a home
These numbers are consistent with other recent findings. However, the disconnect is the trust in the American economy seems to still lag. So what comes first?
Other interesting findings: What are the Key Factors when searching for a home?
- Communities with low crime
- High-quality schools
- Recreational facilities
- Easy commute to work
One interesting take is that there is a significant percentage of respondents that indicated that they would pay a premium for a home if they could cut their drive time by half.
Where do you rate with these questions? We’d love to hear your opinion. Just click the comment link below and sound off. Your email address will never be published on this site to protect your identity and your email from spamming.