Saturday, April 10, 2010

Survey: Americans Prefer Owning Over Renting

Despite the challenges facing the housing market, 65 percent of Americans would still prefer to own a home rather than rent, according to a Fannie Mae national housing survey.

In addition, 43 percent of respondents cite safety as a key reason to buy, while 33 percent are motivated to buy because they perceive schools to be better in neighborhoods where most homes are owned by their residents.

The survey results released Tuesday show that both buyers and renters are more cautious than they used to be. About 23 percent of renters say they will buy a home, but later than they once hoped.

A full 70 percent said they believe buying a home continues to be one of the safest investments available. This compares to 74 percent who think putting money into a bank account is safe. Only 17 percent believe buying stocks is a safe investment.

Also, 60 percent believe that it will be harder for them to get a mortgage to purchase a home than it was for their parents.

Source: Fannie Mae National Housing Survey (04/06/2010)

If you are starting your search to buy now or in the future, why not search like a realtor. Sign up for listing book, a free service I provide with no strings attached. Here is the link:

If you would like information on Buying,,

Selling,, 1st Time Buying

lick on the appropriate link on my website

Want to more about Short Sales check out

Want to check out some Foreclosures or FSBO’s? Visit my website:

What did the house down the street sell for? Want to know call me or visit my website at

If you would like to know what your homes current value is check out Market Snapshot on my website or just call me at 636-294-6061.

Remember “Cribbin Realty” Where Performance Outsells Promises

No comments:

Post a Comment