San Joaquin Homes Community Blog

Digested From "Those Who Don't Own Homes Still Dream of Doing So -- But Not Soon"  MarketWatch (10/03/08) by Amy Hoak

According to the results of a recent Trulia.com survey, more than 50 percent of all non-homeowners still believe homeownership is integral to achieving their own American dream. The majority of respondents, however, are not planning to turn that dream into reality in the next year. In fact, more than 70 percent said they had no plans at all to buy a home in the next 12 months. Furthermore, 44 percent of those between the ages of 18 and 34 said that the main reason they do not currently own a house is because it is too expensive. Trulia CEO Pete Flint remarks, "It appears that the financial and mortgage meltdowns really have had their greatest impact on the sector of American consumers who haven't yet bought a home." The survey further found that 92 percent of current homeowners said they would not be buying another home in the next year.

Posted by Norbert G. Huston on October 9th, 2008 3:51 PMPost a Comment (0)

Subscribe to this blog
Recent Posts:

Archive:

My Favorite Blogs:

Sites That Link to This Blog:

California Department of Real Estate Corporate License #01059682


Huston Associates Real Estate Inc. 3138 Pacific Avenue Stockton, CA 95204-3640
Phone: Toll Free Phone: Fax:

Staff Profiles | Contact Us | Prospective Residents | Real Estate Career | Community Resources | Applause | Stockton Crime Statistics | California Short Sales | San Joaquin Fair Housing | Download Adobe Acrobat | Tell a Friend | News | Real Estate Glossary | For Rent | Home | Site Map | Mortgage Calculators | FREE Email Reports | Management Services | Ethics in Real Estate | Driving Directions | My Blog | Win $1000

Copyright © 2012 Huston Associates Real Estate Inc.
Portions Copyright © 2012 a la mode, inc.
Another XSite by a la mode, inc. | Admin LoginTerms of UseSite Map
All rate, payment, and area information are estimates and approximations only.