Optimism About Home Prices Increasing Dramatically

Real Estate Agent with GoodFit Homes (with Keller Williams)

optimism home prices increasingThe percentage of realtors who expect home prices to increase in the next six months has more than doubled from last quarter, a recent survey reveals. 

HomeGain, the website administering the surveys, says that this is the first time since the second quarter of 2009 that more than 25% of respondents have had a favorable outlook on housing prices. Read the full article here.

Part of the reason for the positive trend may be the level of inventory. As of January, the nationwide inventory fell to its lowest point since 2005. The laws of supply and demand affect the housing market, too. 

Of course, this survey is not about hard facts or currently measurable price trends. It's opinions. But, it's the opinons of those who eat, sleep and breathe the housing market. So we'll choose to take it as an encouraging sign.

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Brian Sharkey
SharkeyRE LLC - Singer Island, FL

Marty keep up the good work and positive news.  Welcome to active rain.  Sharkey

Apr 03, 2012 06:18 AM
Adrian Willanger
206 909-7536 - Seattle, WA
Profit from my two decades of experience

Marty, well done, lets hope agent perception is reality. Have a great week.

Apr 03, 2012 06:23 AM
Marty & Jaclyn Reiswig
GoodFit Homes (with Keller Williams) - Centennial, CO
Specialty: First-timers

Thanks for the encouragement, guys.

Apr 05, 2012 02:38 AM