November 27, 2007

Home Buying Survey For Cleveland Ohio
Most Americans say buying a home is still a good financial decision...

Americans remain convinced that buying a home is a good long-term investment, according to findings from the 2007 National Housing Pulse Survey, released last week during the annual REALTORS Conference & Expo in Las Vegas. Indeed, according to the survey, nearly nine out of 10 consumers believe that buying a home is a good financial decision. More than half of those surveyed also said that now is a good time to buy a home; that number is even higher (64 percent) in areas of recent home price declines. “This new survey clearly shows that people believe in the value of homeownership and know that owning a home is one of the best ways for most families to build a nest egg,” says 2007 NAR President Pat V. Combs.

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