There’s good news for Irvine home owners. A recent survey shows that more Americans are confident in home ownership and real estate than ever before. Numbers are up over last year, and have even increased since the first quarter of 2012. Some results from the survey that indicate widespread renewed confidence include:
- 69% believe that real estate is a good investment despite the market volatility of the past few years, up 6 percentage points from the first-quarter 2012 survey and 17 percentage points from first quarter 2011.
- 72% expressed confidence that the real estate market and property values will improve during the next two years, including a 6-point jump among those “very confident” or “confident” vs. the first quarter 2012, and a 14-point gain in this subset over first quarter 2011.
- Nearly two-thirds (64%) of respondents have a favorable perception of the U.S. housing market, up from 60% in first quarter 2012 and 52% in first quarter 2011).
Irvine home owners know why this is such a great place to call home. With a variety of area conveniences and amenities, it’s the perfect place to raise a family! We are local real estate agents who would love to help you find the home of your dreams. Please contact us if we can show you around!