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2017-08-09 16:31:59
Consumers Fear Another Housing Bubble

More than half of American homeowners—58 percent—say they expect there will be a “housing bubble and a price correction” within the next two years, according to the latest survey of more than 1,000 Americans from ValueInsured’s Modern Homebuyer Survey.

Many consumers surveyed say they believe that real estate is reaching the top of the market. Because of that, 83 percent of Americans surveyed say now is a good time to sell their home, up 9 percentage points since last quarter. 

But their confidence in buying may be getting a little shaky. Many buyers surveyed say they were concerned whether a property they bought now would hold its value. Fifty-seven percent of American owners believe that homes in their area are overvalued and that current prices are unsustainable. 

Read more:
http://realtormag.realtor.org/daily-news/2017/08/09/consumers-fear-another-housing-bubble?tp=i-H43-Bb-Sv-RCtJ-1p-Fl7F-1c-R8mo-20qKsm&om_rid=6484413%20&Om_ntype=RMOdaily&om_mid=1793

 
Blog Archive
2017-09-11 09:31:37
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2017-08-09 16:31:59
Consumers Fear Another Housing Bubble

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Happy Nowruz to all

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