44% of all home buyers believe the housing market will improve once the new President takes office in January, 2009 according to a recent survey for Move, Inc. by Harris International. Move, Inc. runs Realtor.com.
The survey also revealed that 80% of all renters plan to purchase a home someday with 47% planning to purchase a home within the next 5 years.
The most common reason given for buying a home was for space-related reasons (26%).
For more details read, “Real Estate Market Expected to Improve with New President“.
ABOUT THE AUTHOR
Fran Bailey shows, previews and tracks downtown Chicago homes for sale giving her the insights needed to help her clients negotiate the best price and terms. Fran has been quoted in numerous Chicago and national publications. To schedule showings of listings regardless of broker or to contact Fran email her at fran.bailey@bairdwarner.com or call 773.793.4516. Learn More
Fran Bailey, Realtor
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Americans want to forget the last 8 years. I’m not blaming the current president, but it’s been pretty bad and the county really needs a fresh start. It’s interesting when a vague thing like “hope” or “change” really dose matter. Markets are affected by “confidence”…”Hope” and “confidence” are pretty close.