96% of people believe now is a good time to purchase a home

The American Dream of owning a home is still alive. According to a recent national survey conducted by Prudential Real Estate, the majority of people still believe real estate is a GOOD investment.

A couple of key findings from Prudential Real Estate’s recent survey are:

  • With interest rates at historical lows, 96% of people believe now is a good time to purchase home
  • 70% of respondents believe their property values will increase over the next two years
  • 63% believe that real estate is a good investment

The Spring Texas real estate market is reaping the benefits of the increase in consumer sentiment as YTD sales through March of single family homes are up 18%.

What’s your thoughts?  Do you believe that real estate is a good investment?