Tuesday, June 21, 2011
Most Americans continue to believe now is not a good time for someone to sell their house. At the same time, confidence that buying a home is the best investment a family can make has fallen to a new low.
A new Rasmussen Reports national telephone survey finds that 47% of American Adults say buying a home is the best investment a family can make , down five points from last month and the lowest level ever recorded. Prior to the current numbers, this finding had ranged from a low of 51% to a high of 73% since September 2008.
Thirty-two percent (32%) don’t believe purchasing a home is the ideal choice for a family to make, while 22% are not sure. (To see survey question wording, click here.)
New homeowners are far more inclined to believe buying a home is the best investment for a family than those who’ve purchased a house two or more years ago.
Only 11% of all adults say it’s a good time for someone in their area to sell a house, a finding that has ranged from a low of nine percent (9%) to a high of 19% since April 2009. Seventy-two percent (72%) say it’s not a good time for someone to sell their home, while 16% are not sure.
The survey of 1,000 Adults was conducted on June 17-18, 2011 by Rasmussen Reports. The margin of sampling error is +/- 3 percentage points with a 95% level of confidence. Field work for all Rasmussen Reports surveys is conducted by Pulse Opinion Research, LLC. See methodology.Rasmussen subscribers can log in to read the rest of this article.
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