Time to Buy a House? What People Actually Believe

When determining people’s feelings about buying a house, we prefer to trust polls and surveys which report on what people are actually thinking instead of taking the word of a ‘talking head’ on television or a newspaper trying to draw subscribers. A perfect example: the three separate surveys which have come out in the last few weeks discussing what Americans really think about the value of buying a home.

1. The Gallup Poll which showed that 69% of Americans think this is a good time to buy.
2. Fannie Mae’s National Housing Survey which reported that Americans believe that homeownership is the investment with the most potential. They chose owning a home over other traditional investments such as stocks, mutual funds and bonds.
3. The Pew Research Center study Home Sweet Home. Still explaining that 81% agree that buying a home is the best long-term investment a person can make.

Bottom Line

There are many experts telling us what people currently think about homeownership as an investment. We’ve decided to listen to the people themselves.

Tagged as: Homeownership