Home Buyer Optimism

home buyers

More than 80 percent of first-time homebuyers believe now is a good time to buy a home, according to a recent survey by a national real estate company. Both first-time buyers and sellers say they feel the current housing market is more affordable today than it was a year ago, despite the fact that 40 percent of respondents are more worried about the economy today than they were at this time last year.

Nearly two-thirds (60 percent) of first-time home-buyers say they feel they do not have a good handle on the real estate process. But a huge majority of buyers and sellers (85 percent) say using a real estate professional to help them with their transaction is important. Both buyers and sellers say the three most important attributes agents should have are knowledge of an area, trustworthiness and responsiveness.