HouseMore Home Owners Optimistic About Home Values

Another interesting survey in the news today.  It seem that the number of home owners who fear the value of their homes will fall in the next year declined to 15 percent in January.  This is the lowest level since early in 2007, according to a survey published last week by Thomson Reuters/University of Michigan.

That's good news and a big improvement over the first quarter of last year, when 26 percent expected the value of their homes to decline.

Home owners were less optimistic about gains in the value of their homes, with the average anticipated annual gain holding steady at a realistic 2.7 percent in January.

Why this is good news is that it is widely understood that KEY to the recovery of the real estate market is consumer confidence.  Buyers and sellers feelling comfortable to move around in the market again, without the paralysis of fear. 

Janna SignJanna Rankin Scharf  provides a superior level of real estate services to home buyers and sellers in Coeur d'Alene and Kootenai County, Idaho. Visit Janna.ServingNorthIdaho.com to search for homes in the Coeur d'Alene MLS for anywhere in spectacular North Idaho.

No matter how grand or modest your real estate dreams may be, you can turn to me in confidence.  Give me a call today and let me know what I can do to be of service to you!

Janna Rankin Scharf AB, GRI, CSP, CNS, CLHMS  208.651.9700

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1 Comments on Well here's some good news. More home owners are optimistic about home values.

FEB
10
2010
165,664 Points 1 Featured Post

Where do you find a realistic homeowner? Their home is worth 5k more than the neighbors identical house because they tightened all the loose screws in the cabinets and they know their neighbor didn't.
8:16pm • #1


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Janna Rankin Scharf

Coeur d'Alene, ID

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Keller Williams Realty Coeur d'Alene

Address: 1450 Northwest Blvd. Ste 301, Coeur d'Alene, ID, 83814

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