Demand for Homeownership in Braselton, Hoschton and North Georgia Remains Healthy

http://www.selectbrokersrealty.com

Underlying demand for homeownership remains healthy in Braselton, Hoschton and North Georgia despite the ongoing challenges for would-be buyers in the current market, according to a new survey conducted by Harris Interactive for Move, Inc. As reported in last week's NBN Online, the survey found that about 41% of current home owners who were polled said they do plan to purchase a home again, while 80% of all renters surveyed expect to eventually become home owners. In fact, 47% of renters in the poll indicated that they plan to purchase a home within the next five years. In addition, most prospective home buyers (57%) indicated that they are willing to make sacrifices to save and earn extra income for down payments and will compromise on neighborhood features and residential amenities in order to buy a home in the current market. On the flip side, 81% of home buyers in the poll indicated that they remain nervous about the current housing market and cited significant barriers to homeownership. Even so, 44% believe the housing market will improve once a new president takes office next January. Read more on this encouraging study in NBN Online.