Consumers More Bullish on Homeownership
A recent nationwide survey revealed that consumers are seeing opportunity in todays housing market. As I have noted many times in my blogs, all real estate is local. So I invite you to read the survey results and then let me know what you see.

A survey of 1,006 adults nationwide, between the ages of 25 to 72 with minimum household incomes of $40,000, was conducted by MarketTools on behalf of Beazer Homes last month.

Acording to the survey, even in the face of skepticism over the nation's economy, more consumers are seeing opportunity in today's housing market.  Recognizing that the current market favors buyers, 77 percent of respondents said that with good credit and a down payment, the time is right to buy a home, a 20 percent upswing from a similar January survey.
Nearly three of four surveyed (74 percent) agreed that the availability of homes for sale combined with special incentives make this a true "buyer's market."  The respondents also appear poised for action. Sixteen percent of survey respondents reported that they plan to purchase a new home as their primary residence in the next 12 months - a 45 percent increase over the January survey results. And 28 percent or survey respondents reported that they are currently saving for a down payment.
The survey results also revealed that when it comes to purchasing their next home, buyers who have purchased one or more homes in the past are looking for a better location (28 percent), a bigger home (25 percent) and more modern features (18 percent). First-time home buyers rank the need for a bigger home (28 percent), investment potential (27 percent) and the desire for a better location (23 percent) as their primary motivations for their first home purchase. (Notice price was not on of their primary motivators)
Do you agree with the consumers who responded to the national survey?
Is the time right to buy a home?
Do you plan to purchase a new home as your primary residence in the next 12 months?
If not, why?
If so, what are you primary motivators for purchasing a new home?
What actions are you currently taking, i.e. saving for a down payment, researching communities and builders, visiting model homes, researching available mortgages?
I'd like to know.
Chuck Miller GMB   CGB   MIRM   CMP   MCSP   CSP
President / Builder – Chuck Miller Construction Inc. (208) 229-2553
Posted by Chuck Miller at 4/12/2008 11:12:00 PM
Share |
Comments (0)
No comments yet, login to post a comment.
Add Comment
Provide comments on this blog entry. If you have an account with this site please sign in.
*Title *Email Web Address *Comments

2018 New Home Guide


Get started with Boise's
Ultimate Real Estate Team

Contact us

Schedule a home tour


Michelle Penick, Client Car Team
Michelle Penick  Realtor
Idaho Fanatic, California Transplant

818.472.1767  Email


Hilary Wilson, Idaho Real Estate Client Car Team
Hilary Wilson  Realtor
Idaho Native, Results Driven

208.921.0147  Email


Laura Hipwell, Eagle Idaho Realtor
Laura Harris  Realtor


Trey Langford- Idaho Builder & Developer Services
Trey Langford  Realtor
New Construction Consulting

Email  208.724.9636


Home Loan Information


Terry Heffner - The Heffner Group of Guild Mortgage Eagle Idaho
The Heffner Group
Terry Heffner NMLS#95796
Guild Mortgage is an Equal Housing Lender, NMLS#3274

Do you qualify for a home loan? How much can you afford?

   Email  | 208.901.3822 | Apply

This is a paid advertisement. Guild Mortgage is not affiliated with Keller Williams Boise.


Sell Your Home for the Best Price
Request a free consultation and learn more about our marketing.

Get Your Home Sold!

Trey Langford

  (208) 724-9636




Site Search