The National Association of Realtors recently issued the first edition of Housing Opportunities and Market Experience or HOME, a new quarterly housing survey. The report will track top real estate trends and the opinions of potential buyers and sellers. NAR will research topics such as current renters' views on home ownership, people's views on the economy, expectations of home ownership and the mortgage market.
The NAR summed up their findings with key points from the report…
– Households are lukewarm about the current economy
– Homeownership is still thought of as a good financial decision, and part of the American Dream
– People believe it is a good time to buy, but are weary of qualifying for a mortgage.
– Opinions on the housing market are positive overall- it is heading in the right direction and home prices are rising or staying the same.
You can view the full report here—–>http://www.realtor.org/reports/housing-opportunities-and-market-experience-survey