Consumers Remain Confident in Housing

Despite troubles plaguing the housing market and the overall economy, there is some good news in NAR’s 2008 National Housing Pulse survey. As home prices continue to fall in some areas of the country the number of consumers who report having concerns about housing affordability fell to 39%, the lowest level in the past six years. That’s down from 48% last year and a high of 51 percent in 2005.

The survey also finds that a majority of Americans 85% believe buying a home is till a good financial decision, down two percentage points from last year. Two-thirds say now is a good time to buy a home, up nearly 12% from 2007.

In most markets there are some really great buys out there now, and the Winter Park / Fraser Valley has great pricing and good deals. We still remaining as one of the most affordable Ski Resort markets in Colorado.

Call team “Winter Park Partners” to get information and pricing in our area.

Statistic and information provided by CRS and NAR.