Given the incredible jump in property prices, it’s no surprise that Americans have never gambled so much when buying a home.
Only 30% of adults surveyed by Gallup said it was a good time to buy a home, down 23 percent from a year ago. This is the first time that the proportion has fallen below 50% since the first question in 1978. (Results of the Gallup Annual Economic and Private Finance Survey conducted April 1-19.)
According to the S&P CoreLogic Case-Shiller National Price Index, real estate prices have risen 34% since the outbreak. In addition to the rise in prices, bank prices broke the lowest record in 12 years in the first year of the epidemic. However, Malta has risen more than 2% in full in the last few months.
Buying a home is the worst thing that can happen to a family. Due to rising prices and interest rates, the average thief’s salary is about $ 2,000 a year.
The supply of real estate has historically continued to decline and even the rapid summer market has not boosted productivity. Demand, especially since the millennium, is strong, but consumers are coming back because of prices. Home sales have fallen for five months in a row.
“All major American groups are less positive about the real estate market than a year ago,” the Gallup report said. Those who were most positive about the market last year seem very disappointed, with a significant decline among the Midwest, urban dwellers, and top Americans.
As we get older, a quarter of 18-34-year-olds say now is a good time to shop, up from 42% last year. Among those aged 35-54, 28% say the market is good, compared to 52% last year. Older adults are the best, with 35% saying it is a good time to shop, compared to 61% in 2021.
The real estate job is still strong at the top of the real estate market, where there is a lot to offer.
Even with high marijuana prices, many believe that home prices will rise significantly. Analysts are different, but many believe that the current two-year profit supply will fall from 4% to 6%. Buyers have been selling at home prices for a long time, except for the severe recession and the collapse of subprime mortgages in 2008-2012.
While Americans may be optimistic about buying a home, they think more than ever that buildings are the best choice for long-term investment. 45% prefer buildings, 24% own shares, and 15% claim gold. When Gallup first asked this question in 2011, the property was used to capture gold, but since 2014 it has been a winner.