Friday, January 20, 2012

Overwhelming Sentiment, Now Is The Time to Buy

Research Institute for Housing in America did a recent survey among a wide spread of age groups, to include both renters and home owners. Question that was asked was, "Is This a Good Time To Buy a House? (Excerpted with Permission of KeepingCurrentMatters.com)

The results of this survey, in terms of Home Owners who agree and Renters who agree are.


Under Age 30 - 81% and 83%
Ages 30-39 - 83% and 60%
Ages 40-49 - 83% and 72%
Ages 50-59 - 78% and 48%
Ages 60-69 - 82% and 60%
Ages 70-79 - 76% and 60%
Ages 80+ - 74% and 88%

Couple these sentiments with two other major major factors, namely:

Prices are still soft, though there is some evidence that we have reached the bottom.

Interest rates are at levels not seen for decades and probably have only one way to go and that is up.

And we have an overwhemingly positive case that now is the time to buy.

Would appreciate your comments and questions. Thanks for reading.

1 comment:

  1. Question that was asked was, "Is This a Good Time To Buy a House. eal Estate Agent Jerry

    ReplyDelete