Survey Shows Optimism in Housing Market

November 3, 2009

(EMAILWIRE.COM, November 03, 2009 ) Miami, FL - Despite fall out from the financial crisis, homeowners and renters are still fairly mobile about their living arrangements, demonstrating optimism in the housing market. More than 2 out of 3 say they plan on living in their homes less than nine years, according to a new survey.

The new Housing Predictor Poll found that despite growing anxiety about the national economy, homeowners and renters plan on moving fairly soon. Some 32% said they are planning on a move within the next 12 months. Another combined 36% say they intend to move within the next nine years.

The survey indicates that Americans' attitudes about moving into new quarters remain nearly the same as they have been over the last two decades. The average length of homeownership was seven years prior to the real estate boom. Read the full report on the latest Predictor Poll at Housing Predictor dot com.

The housing crash in the majority of U.S. markets has sent home prices lower by at least 30%, and in some of the worst hit areas home prices have dropped by as much as 75% on individual homes. The loss in home values has been attributed to loose lending guidelines adopted by lenders and other practices during the boom, triggering a history making epidemic of foreclosures.

Housing Predictor was the first real estate research firm to forecast the foreclosure epidemic and the national housing depression. Housing Predictor forecasts more than 250 local real estate markets in all 50 states, real estate news, and analysis on the housing markets at http://www.housingpredictor.com


Housing Predictor
Mike Colpitts
8506221016
yourrealestatepro@hotmail.com

Source: EmailWire.Com