According to results from the 2011 NAR Profile of Home Buyers and Sellers Survey, consumers still believe in the value of home ownership.
Seventy-eight percent of recent home buyers said their home is a good investment, and 45 percent believe it’s a better investment than stocks.
Given the current restrictive credit environment, many buyers were much more cautious about their purchase and stayed well within their means; recent buyers had higher incomes and used modestly higher downpayments than buyers in the 2010 survey.
Recent buyers were also more likely to be married – 64 percent of all buyers were married couples, compared to 58 percent in 2010.
No comments:
Post a Comment