One Region Accounts For Majority of Economic Optimism -NAR Survey

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Posted To: MND NewsWire

Only about one third of Americans told the National Association of Realtors® (NAR) in a recent survey that they thought it was a good time to buy a home. Respondents to NAR’s fourth quarter Housing Opportunities and Market Experience (HOME) survey were generally upbeat about the economy, with 59 percent of those polls believing it is improving. However only 34 percent strongly believe that it is a good time to buy. NAR says that despite the overall optimism and the recent direction of home prices the sentiment on home buying continued to diminish at the close of 2018. Thirty-nine percent had expressed a positive attitude toward homebuying in the third quarter survey and 43 percent did so one year ago. The percentage of those who believe that is not a good time to buy was unchanged in the…(read more)

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