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2013-08-29 10:21:20
A Positive Look in Real Estate

If you are a Salt Lake Realtor or trying to sell a Salt Lake City Home, you may be wondering what the consumers point of view is on real estate today.




A recent survey by Prudential and HSF Affiliates Company shows that young Americans are sending positive vibes in regard to the real estate market..

As of August 12, results to this recent survey showed 80% of respondents ages 25-34 said their outlook on the housing market is 'favorable' or 'somewhat favorable' giving a 9 percentage point increase from the prior study. Also respondents on a national survey found confidence in Real Estate and home values jumped up to 83% vs 77% in prior end of year studies reaching a mere 73%. Confidence is highest in South and Western regions at 84%.

While consumers are still cautious of the challenges faced in the real estate downturn, 70% of respondents stated that finding the right home and community is critical to family happiness. On an emotional point of view, 93% favor a home for 'more space for my family', while only 75% view it as 'financial security to borrow against.'

Young Americans, like the majority of survey participants are feeling more confident in home ownership. People are looking at housing for all the right reasons - security, building on their futures, and raising families.

 

 

 

 

LINDA SECRIST - LINDA SECRIST & ASSOCIATES - EVERYTHING THEY TOUCH TURNS TO SOLD!

 


 


 

 
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