The Beazer Homes poll shows that 77% of the people in the US think that now is a good time to buy a house.  This polled group was 1,006 adults nationwide between the ages of 25 to 72 with minimum household incomes of $40,000.  77 percent of respondents said that with good credit and a down payment, the time is right to buy a home, vs. 64 percent in January.  74 percent agreed that availability of homes for sale combined with special incentives make this a true "buyer's market."  62 percent of experienced buyers agree that current mortgage interest rates make this a "favorable time to purchase" a home vs. 44 percent of potential firsttime buyers.  Experienced buyers are looking for a better location (28 percent), a bigger home (25 percent) and more modern features (18 percent). First-time buyers rank the need for a bigger home (28 percent), investment potential (27 percent) and a better location (23 percent) as primary motivations.
Posted by Harrison K. Long, Explore Group, March 28, 2008
[Source: The Orange County Register]