Prudential Real Estate Outlook Survey

According to the newly released Prudential Real Estate Outlook Survey for the past quarter, Americans have shown an increase in confidence in homeownership. Residential real estate is recovering which leads to people being more optimistic about buying a home. Many are taking advantage of the record low mortgage rates and the record high housing affordability. The survey shows that 69% of respondents believe that real estate is still a good investment despite what the last new years have brought. 64% have a favorable perception of the U.S. housing market, and 72% believe that the market will continue to recover. Since 78% of people said that owning a home is very important to them, normalcy is starting to return to the market. These people are indeed buying homes, usually for more traditional reasons such as to raise a family and build a future. It seems that the emotional side of owning a home is outweighing the financial reasons. However, 65% of respondents feel as though financing or getting a mortgage is more challenging now than it was before the market crisis. We at Quest Loans do not want you to feel that way. Please call us at 888-883-5252 today so we can help you, on a personal level, qualify for the home loan that you need to begin your homeownership journey. After all, 74% of respondents think it is more important than ever to work with a good agent and lender in order to successfully buy a home. We will be waiting for your call.

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