Positive Perception Of Real Estate For First Time Since Recession

Positive Perception Of Real Estate For First Time Since Recession

by Jesse McCarl

People have a positive view of the real estate industry for the first time since the burst of the housing bubble in 2007. According to a survey out this month from Gallup, real estate scored a net positive ranking of twelve (12), up thirteen points just from the year prior.

Net positive rankings were established by assigning point values to 5 different responses of ranging from "very positive" to "very negative." The negative points are subtracted from the positive total. Over a thousand people were surveyed from all 50 states ranging in age from 18-50.

The banking industry, closely tied to the realty market, experienced an even more drastic improvement year-over-year recently. Banking still ranks lower than real estate overall, though.

This matters for all of the obvious reasons. First, confidence in the industry will increase the number of people willing to make a move. Second, it requires confidence in the market to be able to trust one's Realtor; a stronger perception of real estate will lead to fewer skeptical or argumentative clients for you!

Lesley Vitel Headshot
Phone: 904-534-8052
Dated: November 13th 2014
Views: 200
About Lesley: Lesley's career in real estate officially began in 2005 when she partnered with her mother Lynn (A v...

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