Jan

4

2010

Homes Sarasota Owners Search For Hope In Recent Housing Market Survey

Homes Sarasota property owners hope recent survey at www.move.com includes Sarasota homeowners, who eagerly seek housing market recovery.

If we look around, you and I (might be able to) see promising signs of housing market recovery, one small sign at a time.

www.move.com recently released a survey claiming 1 in 4 wants to buy their first home in 2010.

Many others want to improve their credit as 40% of people responding to the survey want to take care of a home improvement project.

Good news….

Click Read More below now for the “rest of the story” helping buyers keep from making dangerous home-buying mistakes.

BEWARE JUMPING THE GUN ON BUYING A HOME!

Sarasota real estate looks for "good" signs of housing market recovery

From the survey, here are noted predictions…hopefully spreading to the Sarasota-Bradenton (FL) area. Without doubt, we need all the uplifting news we can get:

  • Join the nearly 18 percent of Americans who say they’ve resolved to become a first-time homebuyer in 2010, according to a new Move.com survey. That’s both a smart move and a timely one. Mortgage rates are at record lows, prices are down and the $8,000 first-time home buyer tax credit has been extended until April 30, 2010. It’s also been expanded to include a $6,500 tax credit to move-up buyers.
  • More than 15 percent of those who responded to the survey said saving money to purchase a new home is their top real estate resolution for the New Year.
  • Nearly 40 percent say No. 1 on their list of resolutions is starting a home improvement project. Cheap home equity money should help them not only start but also complete the job.
  • The Move.com survey also found 9.1 percent most wanted to fix their credit so they can buy a home next year. If you want to buy a home once you improve your credit, you might be interested in this site, Repair Credit Fast | Bad Credit Repair.
  • Nearly 16 percent are wisely considering buying an investment property as their top resolution. They couldn’t have picked a better time in the last half decade. Another Move.com survey recently found more than 12 percent of homebuyers today plan to purchase a home as an investment, compared to less than half (only 5.6 percent)  just seven months ago, thanks to more attractive investment conditions.

Are you planning to buy your first home in 2010? What questions do you have about buying a home (or financing a home)? PLEASE scroll down below to share your questions and comments. I want to hear what you think about market stability.

Homes Sarasota and Bradenton hope the worst of the housing market collapse is behind us…along with job losses. When Sarasota homeowners fear losing their jobs, they stop spending. No “discretionary” luxuries such as eating out, buying furniture, gym memberships & trainers, private schools or new cars.

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