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.
(Want a free daily e-mail update? If it's in the news, it's in our polls). Rasmussen Reports updates are also available on Twitter or Facebook.
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 Reports is a media company specializing in the collection, publication and distribution of public opinion information.
We conduct public opinion polls on a variety of topics to inform our audience on events in the news and other topics of interest. To ensure editorial control and independence, we pay for the polls ourselves and generate revenue through the sale of subscriptions, sponsorships, and advertising. Nightly polling on politics, business and lifestyle topics provides the content to update the Rasmussen Reports web site many times each day. If it's in the news, it's in our polls. Additionally, the data drives a daily update newsletter and various media outlets across the country.
Some information, including the Rasmussen Reports daily Presidential Tracking Poll and commentaries are available for free to the general public. Subscriptions are available for $4.95 a month or 34.95 a year that provide subscribers with exclusive access to more than 20 stories per week on upcoming elections, consumer confidence, and issues that affect us all. For those who are really into the numbers, Platinum Members can review demographic crosstabs and a full history of our data.
To learn more about our methodology, click here.