Wealthy Americans Believe Real Estate Values Will Continue To Rise
Amid signs that the runawayreal estate market is slowing down, the majority of wealthy Americans remain optimistic that their homes will continue to appreciate in value, according tosurvey findings released today by The PNC Financial Services Group, Inc. Sixty-five percent of those surveyed said they expect to seedouble-digit increases in the value of their primary homes over the next fiveyears, with nearly one-third (31 percent) anticipating an increase of 20percent or more.

Florida: in a state where property values have soared, half of the respondents expect the value of their primary residence to increase by more than 20 percent over the next five years, making them twice as bullish on real estate as all respondents compared to respondents in other states (28 percent outside of Florida expect a 20 percent or more increase).

For a full smmary of the survey send me an email request: danforbes @ premierteam.com
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