Is it Time to Buy?
Is it time to buy a home? According to a Gallup poll, 67% of people polled say yes!
According to Gallup, “Overall, there is good reason for most Americans to think now is a good time to buy a house. Interest rates remain near historic lows. Home prices are down sharply, providing many incredible buys.”
According to the National Housing Survey conducted by Fannie Mae, buyers cited their major reasons for buying a home. Here are the results:
- 80% Having a good place to raise children and provide a good education
- 79% Having a physical structure where you and your family feel safe
- 75% It allows you to have more space for your family
- 69% It gives you control over what you do with your living space
So despite what has been a negative sentiment towards the housing market, buyers and the general public still think that homeownership is the way to go.