Accurate, Focused Research on Law, Technology and Knowledge Discovery Since 2002

Survey: Housing Recovery Remains Unlikely Until 2014 Or Later

truliablog: “Today, we released the latest results of an ongoing survey about American attitudes toward foreclosed homes that we’ve been teaming up with RealtyTrac on since 2008. Lately, we’ve been hearing a lot about falling home values and the flood of foreclosures that are still on the market. Given these market factors, we wanted to see how they might have impacted how people feel about the housing recovery. Interestingly, what we found in our survey, is that more half of Americans adults believe recovery in the housing market will not happen until 2014 or later. In a previous survey conducted six months ago , 42% thought the market would turn around by 2012 or had already turned around. Now, only 23 percent continue to think this will happen.

  • To see the full findings, check out this slide show
  • Related postings on financial system
  • Sorry, comments are closed for this post.