Buying or Renting? Which Way is the Population Going?
NAR Studies Show Buying a Home is Still Considered a Good Investment
Posted by: RE Technology
NAR just released their annual Housing Opportunity Pulse Survey of 1,209 urban and suburban adults in the top 25 metropolitan statistical areas which revealed some interesting trends.
The most positive result of the study for real estate professionals is that Americans continue to believe that buying a home is a good financial decision. Seventy-seven percent believe total strongly or not so strongly, 68 percent strongly so. More than two-thirds of respondents (68 percent) say that now is a good time to buy a home.