Housing Survey
Boston Condos for Sale and Apartments for Rent
Housing Survey – 2023
If you ever want to move out of Boston condo or Beacon Hill apartment, it would be prudent to view the FEMA link below..
If you’re considering a move out of the area, check this FEMA website for their Risk Index, Social Vulnerability, and Community Resilience:
https://hazards.fema.gov/nri/map
My downloading of last night’s show is going to take a while!
Updated Boston Real Estate Blog 2023
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Housing Survey – 2022
Coldwell Banker survey gauges importance of homeownership among Americans
As the economy recovers from COVID and the housing market gains traction, homeownership is top of mind for Americans, according to the latest survey from Coldwell Banker Real Estate LLC.
Conducted online by The Harris Poll, the survey of over 2,000 adults revealed what’s on home buyers’ and sellers’ minds as 2021 comes to a close.
When tasked with choosing marriage or a mortgage, 82% of unmarried Americans said they would rather invest in a home than pay for an expensive wedding. The majority (85%) of respondents were female.
The survey revealed that over three-quarters of respondents (77%) would rather invest in a home than spend money on an expensive vacation. In addition, college graduates are more likely to prioritize homeownership (41%) over paying off student debt (17%).
Who else has real estate on their mind going into 2022?
• Younger Americans: Respondents ages 18-44 are more likely to say owning a home is an important financial goal for them (45%) compared to those 55 and older (30%).
• Renters: 47% of renters say owning a home is an important financial goal for them.
• Hispanics: 42% of Americans surveyed who self-identified as Hispanic say owning a home is an important financial goal.
“The 2021 housing market has been marked by low inventory and competition as Americans continue to keep homeownership top of mind,” said M. Ryan Gorman, president and CEO of Coldwell Banker Real Estate LLC. “Our latest survey suggests that, with generations of all ages and backgrounds prioritizing homeownership over other financial goals, this sellers’ market may continue into 2022. Our network of approximately 100,000 agents is ready to help home sellers take the next step.”
Click Here to view: Google Ford Realty Inc Reviews
Updated: Boston Real Estate Blog 2023
Homeowner Confidence Survey
National Survey
Homeowner Confidence vs. Actual Home Value Change
National Survey results:
• My Home’s Value Has Increased Over Past Year: 25%
• My Home’s Value Has Decreased Over Past Year: 57%
• My Home’s Value Has Stayed the Same Over Past Year: 18%
Actual U.S. Home Values (according to Zillow data):
• Home Values Increasing: 20%
• Home Values Decreasing: 76%
• Home Values Staying the Same: 4%
Confidence About Own Home vs. Neighbors’ Homes
• My Own Home’s Value Will Decrease in Next Six Months: 30%
• Home Values in My Local Market Will Decrease in Next Six Months: 47%
Northeast
Homeowner Confidence Survey Results by Region – Northeast:
• My Home’s Value Has Increased Over Past Year: 23%
• My Home’s Value Has Decreased Over Past Year: 57%
• My Home’s Value Has Stayed the Same Over Past Year: 20%
Actual U.S. Home Values (according to Zillow data):
• Home Values Increasing: 24%
• Home Values Decreasing: 71%
• Home Values Staying the Same: 6%
Confidence About Own Home vs. Neighbors’ Homes:
• My Own Home’s Value Will Decrease in Next Six Months: 30%
• Home Values in My Local Market Will Decrease in Next Six Months: 46%
Midwest
Homeowner Confidence Survey Results by Region – Midwest:
• My Home’s Value Has Increased Over Past Year: 22%
• My Home’s Value Has Decreased Over Past Year: 58%
• My Home’s Value Has Stayed the Same Over Past Year: 20%
Actual U.S. Home Values (according to Zillow data):
• Home Values Increasing: 21%
• Home Values Decreasing: 73%
• Home Values Staying the Same: 5%
Confidence About Own Home vs. Neighbors’ Homes
• My Own Home’s Value Will Decrease in Next Six Months: 30%
• Home Values in My Local Market Will Decrease in Next Six Months: 47%
South
Homeowner Confidence Survey Results by Region – South:
• My Home’s Value Has Increased Over Past Year: 33%
• My Home’s Value Has Decreased Over Past Year: 47%
• My Home’s Value Has Stayed the Same Over Past Year: 20%
Actual U.S. Home Values (according to Zillow data):
• Home Values Increasing: 25%
• Home Values Decreasing: 70%
• Home Values Staying the Same: 5%
Confidence About Own Home vs. Neighbors’ Homes:
• My Own Home’s Value Will Decrease in Next Six Months: 26%
• Home Values in My Local Market Will Decrease in Next Six Months: 44%
West
Homeowner Confidence Survey Results by Region – West:
• My Home’s Value Has Increased Over Past Year: 19%
• My Home’s Value Has Decreased Over Past Year: 70%
• My Home’s Value Has Stayed the Same Over Past Year: 11%
Actual U.S. Home Values (according to Zillow data):
• Home Values Increasing: 9%
• Home Values Decreasing: 89%
• Home Values Staying the Same: 2%
Confidence About Own Home vs. Neighbors’ Homes
• My Own Home’s Value Will Decrease in Next Six Months: 37%
• Home Values in My Local Market Will Decrease in Next Six Months: 54%
Homeowner Confidence Survey: For additional information about the Q4 Homeowner Confidence Survey,check out the press release on the Zillow Blog.
Source: Zillow.com
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