Consumer Confidence Strong in Real-Estate Market, Survey Finds

Share Article

The positive results of the quarterly questionnaire about homeownership are good news for the industry and hold true among Waterfront Properties and Club Communities’ clientele.

News Image
The overall optimism about the industry is evident in the survey and is playing out in the South Florida market. Realtors at Waterfront Properties and Club Communities are witnessing satisfaction among buyers and sellers.

Americans are more confident than ever about owning a home – a strong sign the real-estate recovery is taking hold.

According to a quarterly survey by Brookfield Real Estate and Relocation Affiliates, more than 70 percent of the respondents said they believe property values will continue to increase in 2012 and beyond. Sixty-nine percent said real estate makes a wise investment, a 17-percent jump from the first quarter of 2011.

More positive statistics surround the comprehensive survey. Almost two-thirds of the respondents have a favorable outlook on the housing market, an increase of four percent from a year ago. Owning a home is “very important,” according to 76 percent of those surveyed, and the two driving factors for purchasing a residence are based on finances and emotions.

In processing the responses, the surveyors found the emotional reasons for buying a home outweighed the financial reasons, even though the financial reasons are compelling because mortgage rates sit at an all-time low. Respondents’ answers for buying a home included finding a safe place to raise a family, having control over their space and living in a good neighborhood.

The overall optimism about the industry is evident in the survey and is playing out in the South Florida market. Realtors at Waterfront Properties and Club Communities are witnessing satisfaction among buyers and sellers.

In Waterfront Properties core northern Palm Beach County territory, there is a healthy inventory of homes for sale in Jupiter, homes for sale in Palm Beach Gardens and prime waterfront property.

Nearly 75 percent of those taking the survey said working with a good real-estate agent is important when buying or selling a home – up from 67 percent in the first quarter of 2011. Waterfront Properties’ sales team offers specialized, concierge-style service with the goal of meeting all of its clients’ needs.

For information, call Rob Thomson at 561-746-7272.

Share article on social media or email:

View article via:

Pdf Print

Contact Author

Rob Thomson
Follow us on
Visit website