Home Ownership Sentiment Still Strong

AOLRealEstate reports a survey by Prudential Real Estate reveals 77 percent of the respondents 25-34 and 78 percent of those 35-44 see homeownership as very important as the recession fades into history. Eighty-five million Generation Xers and Millennials, many of whom were not impacted by the housing bubble, are generally optimistic about owning a home and share a strong sense of community. The survey further indicated 63 percent have a positive view of the real estate market, and the number who considered entering the market, but did not, rose ten percent in the second six months of 2012 compared to the end of Q2 2012. As MHProNews has learned, many consumers are wisely cautious about trying to buy, with 72 percent saying they want a lender they can trust.

(Image credit: Fotosearch)

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