{"id":18860,"date":"2021-05-12T13:40:53","date_gmt":"2021-05-12T13:40:53","guid":{"rendered":"http:\/\/www.anthonydidonato.net\/wordpress\/?p=18860"},"modified":"2021-05-12T13:40:53","modified_gmt":"2021-05-12T13:40:53","slug":"buyers-expect-prices-to-rise-further","status":"publish","type":"post","link":"https:\/\/www.anthonydidonato.net\/wordpress\/buyers-expect-prices-to-rise-further\/","title":{"rendered":"Buyers Expect Prices to Rise Further"},"content":{"rendered":"

Buyers Expect Prices to Rise Further<\/h1>\n
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Competition in the housing market is fierce and it\u2019s prompting home prices to rise quickly, but that doesn\u2019t appear to be deterring some home buyers. A slim majority of 53% of Americans believe it\u2019s still a good time to buy, according to a new Gallup survey of about 1,000 U.S. adults released this week.<\/p>\n

Yet, consumers realize they\u2019re going to pay more for a home nowadays. Seventy-one percent of Americans believe that home prices are going to increase over the next year in their local market, the highest reading since Gallup began tracking such data. A year earlier, only 40% of consumers believed home prices were going to rise, although that was taken last April shortly after the COVID-19 outbreak ignited across the U.S.<\/p>\n

Still, while many Americans believe it\u2019s a good time to buy, they are showing they have a lot of questions over the rapid run-up in the housing market. A record number of consumers reportedly are searching on Google to find out whether real estate is set for another housing crash<\/a>\u00a0that would be similar to the one sparked during the Great Recession. Find out why most leading housing economists believe that is not the case: \u2018This Isn\u2019t a Bubble\u2019<\/a><\/p>\n

Americans who believe it\u2019s a good time to buy are placing more weight on the long-term value of homeownership. Forty-one percent of survey respondents chose real estate as the best investment, up from 35% a year ago. Stocks were rated as the next best long-term investment, but still at a distant 26% in comparison to housing.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n

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Source:<\/div>\n
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Gallup<\/a>\u00a0(May 11, 2021) and \u201cThe Vast Majority of Americans Expect Home Prices to Rise\u2014But Most People Think It\u2019s a Good Time to Buy a Home Anyway<\/a>,\u201d MarketWatch (May 11, 2021)<\/div>\n
\u00a9National Association of REALTORS\u00ae
\nReprinted with permission<\/span><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Buyers Expect Prices to Rise Further Competition in the housing market is fierce and it\u2019s prompting home prices to rise quickly, but that doesn\u2019t appear to be deterring some home buyers. A slim majority of 53% of Americans believe it\u2019s still a good time to buy, according to a new Gallup survey of about 1,000 … <\/p>\n

Continue reading<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[16,8],"tags":[5,32,4,9],"class_list":["post-18860","post","type-post","status-publish","format-standard","hentry","category-news","category-real-estate-tips","tag-anthony-didonato","tag-news","tag-real-estate","tag-tips","item-wrap"],"yoast_head":"\nBuyers Expect Prices to Rise Further - Real Estate Agent and Sales in PA - Anthony DiDonato Broomall, Media, Delaware County and surrounding areas in Pennsylvania<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.anthonydidonato.net\/wordpress\/buyers-expect-prices-to-rise-further\/\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/buyers-expect-prices-to-rise-further\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/buyers-expect-prices-to-rise-further\\\/\"},\"author\":{\"name\":\"admin\",\"@id\":\"http:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/#\\\/schema\\\/person\\\/964792b6994e8cc4cbddc36ad4824908\"},\"headline\":\"Buyers Expect Prices to Rise Further\",\"datePublished\":\"2021-05-12T13:40:53+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/buyers-expect-prices-to-rise-further\\\/\"},\"wordCount\":312,\"publisher\":{\"@id\":\"http:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/#\\\/schema\\\/person\\\/964792b6994e8cc4cbddc36ad4824908\"},\"keywords\":[\"Anthony DiDonato\",\"News\",\"Real Estate\",\"tips\"],\"articleSection\":[\"News\",\"Real Estate Tips\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/buyers-expect-prices-to-rise-further\\\/\",\"url\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/buyers-expect-prices-to-rise-further\\\/\",\"name\":\"Buyers Expect Prices to Rise Further - 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