Optimism and Homeownership

Even with the recent failure of the housing market, the majority of American residents still would like to be homeowners.

Fannie Mae recently published a survey that states that despite all of the troubles associated with housing, 65% of respondents would rather own a home. Also, 64% of people feel now is a  good time to buy a home, while 44% expect their outlook on finances will improve in a year,  and 31% think the economy is on the right track..

Although there is optimism about homeownership, 60% feel that purchasing a home is harder for them than their parents. 68% of respondents also felt that it will not get easier and their children will struggle even more when it comes to buying a home.

Certainly home prices are more affordable than a few years ago and mortgage rates are still low. If you have a stable income, good credit and a decent down payment, it may be time to put serious consideration into buying a home now.

For more great reasons to buy a home in 2010, please click on The Best Time to Buy a Home is Now!

If you have been patiently waiting to buy a Hoboken home, now is the time to do it while the home buyer’s tax credit is still in effect. All of the key factors are in place to ensure that your home purchase will be a major, positive life changing event.  With low mortgage rates available, along with the recent passing of the new tax credits, this is the opportunity you have been waiting for. Please click on tax credit information for more details.  Make 2010 the year you purchase your dream home. For more information contact Eddie Perez, Broker-REALTOR, CDPE. Eddie’s market includes Hoboken, Jersey City, Weehawken and Union City.  Eddie can be reached at eddie@InvestHoboken.com or 201-344-2886.

Explore posts in the same categories: Financing/ Interest Rates, Hoboken Homes

Tags: Fannie Mae, home ownership, survey results

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