This is great news because when people feel optimistic, they act. According to the Fannie Mae survey, 71% of Americans say it is a good time to buy.
15% said it was a good time to sell.
The percentage of Americans who believe the economy is on the right track in this survey was 37%. 56% said it was on the wrong rack.
This survey was based on a national representative sample of 1000 respondents who were 18 and older from April 2011 through April 27, 2012.
We, here in South Florida are seeing very good sales. Our inventories are going down every week because of the influx of foreign buyers from South America and Canada.
Our sellers have been pricing their properties correctly listening to the comparables in their areas and it has paid off. Condos that are priced right disappear almost as soon as they are listed. So keep up the good work and South Florida will experience a terrific renaissance.