Friday, December 17, 2010

Homeownership is Still a Goal - and Possible in Hamilton, NJ

The desire to own a home hasn’t been diminished by the downturn in the industry, according to a survey by Fannie Mae.  Of owners and renters surveyed, 51% say that the housing crisis has not affected their overall willingness to buy a home. About 27%  say they are more likely to buy since the crisis, presumably because of lowered prices, and 19% say they are more likely to rent.

However, about 33% say they would be more likely to rent their next home than buy, up from 30%  in January. Among renters, 59% said they would continue to rent in their next move, compared to 54%  in January 2010.

66% say they believe that housing is a safe investment, as safe as an IRA or a 401(k) plan.

About 50% say they believe that owning is a good idea, even if they plan to stay in the home less than three years.

86%  identify tax benefits as a reason to buy.

Call or email me and let's talk about how you can meet your housing needs and dreams by owning a home in Hamilton NJ or Mercer County.

Joe Giancarli, SA
Real Estate Advisor
Short Sale Specialist
http://www.joegiancarli.com/
http://www.njhomesource.com/
http://www.newjerseynewhomes.blogspot.com/
www.activerain.com/blogs/josephgiancarli

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