People Becoming More Likely To Participate in the Housing Market, Says New FindLaw.com Survey
EAGAN, Minn., Nov. 5, 2012 /PRNewswire/ -- Americans are feeling less discouraged about the housing market, according to a new national survey by FindLaw.com (http://www.findlaw.com), the most popular legal information website.
The percentage of Americans who say they are sitting on the sidelines rather than considering buying a house has dropped by more than half. In 2010, 63 percent of Americans said they were less likely to buy a house because of the state of the economy. Today, that number has fallen to 30 percent in the latest FindLaw.com survey.
Meanwhile, because of low housing prices and mortgage rates, the percentage of people who say that the current economic situation now makes more likely to buy a house has risen from 8 percent to 11 percent.
Forty-nine percent of people in the latest survey said the economy is making them neither more likely nor less likely to buy a house.
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