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Buying Market

Monday, August 7, 2017

How are Americans feeling about the real estate market this summer? 


Well, as good as ever.
Consumers' attitudes about home prices, buying and selling, mortgage rates, etc. - in June, was at an all-time high
Americans are feeling optimistic overall but particularly about selling a house. 
Consumers are also growing more optimistic about their ability to get a mortgage.
Lenders expect credit standards to ease further going forward.
Fewer home are for sale this season, and easing credit standards could have the unintended consequence of pushing home prices higher. 
Still, even with the challenges today's market presents, buyers remain eager. 
In fact, the number of respondents who said now was a good time to buy a house was up 3 percent in JuneHow are Americans feeling about the real estate market this summer? 
Well, as good as ever.
Consumers' attitudes about home prices, buying and selling, mortgage rates, etc. - in June, was at an all-time high
Americans are feeling optimistic overall but particularly about selling a house. 
Consumers are also growing more optimistic about their ability to get a mortgage.
Lenders expect credit standards to ease further going forward.
Fewer home are for sale this season, and easing credit standards could have the unintended consequence of pushing home prices higher. 
Still, even with the challenges today's market presents, buyers remain eager. 
In fact, the number of respondents who said now was a good time to buy a house was up 3 percent in June

Thursday, August 3, 2017

The vast majority of surveyed Americans say they believe owning a house is a solid investment.
83% of renters agreed with current homeowners who said that buying a house was a good investment. 
The fact that the American dream of owning a home is once again considered a smart investmentsuggests the housing market has years of strong performance ahead of it.
But though overwhelming numbers say they think buying a house is a good financial move, renters also face some challenges when making the jump. 
Among them, insufficient income and not being able to save enough for a down payment rank high. 
Still, the fact that homeownership has regained it's reputation as an essential part of the American Dream and a good way to build wealth is a good indication that, despite those challenges, Americans will continue to aspire to homeownership

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