Buyer optimism, caution mingle
Chicago Tribune
There’s good news and bad news for those desperately wanting the housing market to get well.
A Reuters-Zogby poll of 1,049 people last month indicated nearly 54% believe this is a good time to buy a house.
Another survey -- from Associated Press and AOL -- says the number is even higher. This report, gleaned from interviews with about 1,000 adults in late March and early April, said 59% think it’s a good time to buy.
However, that same AP-AOL poll indicated that 60% “would not buy” within the next two years. About half of them said the housing market in their area is overpriced, and one-quarter said housing prices in their area would drop within the next two years.
