Real Estate Agents Are Ready !

April 18, 2012


Income taxes are filed, spring vacation times are past and folks are thinking about their futures.


According to Fannie Mae's March 2012 consumer attitudinal National Housing Survey.


I quote from a recent C.A.R. Newsline: "Highlights of the survey include:"


33% of respondents expect home prices to increase over the next 12 months....


On average, Americans expect home prices to increase by 0.9% over the next 12 months....


39% of Americans say that mortgage rates will go up in the next 12 months....


On average, respondents expect home rental prices to increase by 4.1% over the next 12 months...


48% of respondents think that rental prices will go up...


66% of respondents say that they would buy their next house if they were going to move..."


If the home viewing activity of the past month is any indication, these respondents are out checking the inventory of homes for sale. They are aware that home prices are favorable and that interest rates are at historical lows. The environment for a home purchase is as welcoming as it has been in the past five years.