Prospective Buyers Are Feeling More Optimistic
According to a recent survey by Prudential Real Estate and Relocations Services, Inc., consumers believe the market is improving.
- -A majority believes homeownership is a good investment
- -75% said real estate is better than stocks or bonds
- -72% prefer it to mutual funds
- -65% said the end of tax credits won’t reduce their interest in buying a home
- -79% expect real estate prices to increase over the next five years
Hopefully this postitive outlook will translate into more real estate transactions.
