Montgomery AL Real Estate Is Still Part Of The American Dream
Good news! The recent results of two large-scale national surveys strongly indicate that consumer optimism and the desire to own Montgomery AL real estate continue to rise.
According to the quarterly Prudential Real Estate Outlook Survey, Americans’ confidence in homeownership and real estate continues climbing from the first quarter and from a year earlier. To wit:
- 69 percent of those surveyed believe that buying a home, including Montgomery AL real estate, is a good investment despite the market volatility of the past few years, up 6 percentage points from the first-quarter 2012 survey and 17 percentage points from first quarter 2011.
- 72 percent expressed confidence that the real estate market and property values will improve during the next two years, including a 6-point jump among those “very confident” or “confident” vs. the first quarter 2012, and a 14-point gain in this subset over first quarter 2011.
- Nearly two-thirds (64 percent) of respondents have a favorable perception of the U.S. housing market, up from 60 percent in first quarter 2012 and 52 percent in first quarter 2011).Fannie Mae’s National Housing Survey polls 1,001 Americans each month to assess their attitudes toward homeownership, renting, mortgage rates, foreclosures, the economy, household finances, and overall consumer confidence. The results of June’s survey show Americans are increasingly optimistic about the housing market despite concerns about the broader economy and their personal finances.
Additionally, Fannie Mae’s National Housing Survey polls 1,001 Americans each month to assess their attitudes toward homeownership, renting, mortgage rates, foreclosures, the economy, household finances, and overall consumer confidence. The results of June’s survey show Americans are increasingly optimistic about the housing market despite concerns about the broader economy and their personal finances.
- According to the survey, Americans expect home prices to increase 2.0 percent over the next year.
- Among participants, 35 percent said prices would rise over the next 12 months, which is the largest percentage in the survey’s two-year history.
- Also, the number of respondents who said they would buy their next home if they were going to move rose 6.0 percent to 69 percent, which is the highest level ever recorded.
- The number of Americans who said it was a good time to buy a home increased to 73 percent.
So, folks, this may just be the time for you to buy Montgomery AL real estate and be a part of the new and improved American Dream.
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Sandra Nickel and the Hat Team have distinguished themselves as leaders in the Montgomery AL real estate market. Sandra assists buyers looking for Montgomery real estate for sale and aggressively markets Montgomery AL homes for sale. Sandra is also an expert in helping families avoid foreclosure through short sales and is committed to helping families in financial hardship find options. For more information you can visit AvoidForeclosureMontgomery.com.
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