Bradenton Florida Real Estate News

Thursday, October 12, 2006

Poll on Real Estate Attitudes

A just released AP Poll reveals buyers attitudes about real estate. Here are a few questions and answers from the poll.

Poll Results on Real Estate Attitudes
Oct 12, 2006

The Associated Press-AOL Real Estate poll on public attitudes about shopping for homes was conducted Sept. 26-28 by Ipsos and is based on telephone interviews Ipsos conducted with 2,001 adults from all states except Alaska and Hawaii. That included 289 people who bought a home in the last two years and 401 likely to buy a home within the next two years.

Results were weighted to represent the population by demographic factors such as age, sex, region, race and income. No more than one time in 20 should chance variations in the sample cause the results to vary by more than plus or minus 3 percentage points from the answers that would be obtained if all people in the U.S. were polled. The margin of error for those who bought homes within the last 2 years was plus or minus 6 percentage points, while the margin of error for those who are likely to buy a home in the next 2 years was plus or minus 5 percentage points.


1. During the past two years, did you buy a house or condominium, or not?
-Yes, 16 percent
-No, 84 percent

2. How likely is it that you will buy a house or condominium in the next two years? Is it almost certain, very likely, somewhat likely, not too likely, or will you definitely not buy a house or condominium during the next two years?
-Almost certain, 7 percent
-Very likely, 8 percent
-Somewhat likely, 10 percent
-Not too likely, 21 percent-Definitely will not buy, 53 percent
-Not sure, 1 percent
Total almost certain/very likely/somewhat likely - 26 percent
Total not too likely/will not buy - 74 percent

4. Do you think the housing market in your area is overpriced, under priced, or do you think the market is priced about right?
-Overpriced, 46 percent
-Underpriced, 5 percent
-About right, 45 percent
-Not sure, 4 percent

5. During the next (two years), do you think housing prices in your area will go up, go down, or stay about the same?
-Go up, 49 percent
-Go down, 18 percent
-Stay about the same, 32 percent
-Not sure, 1 percent

14 . How did you FIRST learn about the house or condominium you bought? Was it
-Through a professional real estate agent, 32 percent
-Through friends or family, 29 percent
-Driving or walking around looking for "for sale" signs, 19 percent
-On the Internet, 11 percent
-Through newspaper ads, 6 percent
-I built it, 3 percent
-In some other way, 2 percent
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Join us on Oct. 27th at the Bradenton Real Estate Club where we'll be discussing the whole survey.
http://www.BradentonRealEstateClub.com

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