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Housing optimism steady, but possible trouble on the horizon

Posted by   /  June 26, 2018  /  No Comments

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DS News

 

DS News

When it comes to Americans’ optimism about buying homes, Q2’s numbers might as well be cribbed from the National Association of Realtors‘ Q1 report. NAR’s second quarter Housing Opportunities and Market Experience (HOME) survey found that 68 percent of people think it’s a good time to buy—statistically, pretty much the same as in the first quarter.

That optimism has remained steady among homeowners in particular. As with last quarter, 39 percent strongly agree that now is a good time to buy, while 29 percent moderately agree. Among renters, however, those positive feelings dropped from 55 to 49 percent in Q2. Optimism is highest among older buyers (65 or over) and those living in the South and Midwest regions (73 and 71 percent, respectively).

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