Homeowners confident in prices

Eighty-one percent of homeowners believe the value of their homes will rise over the next 5 years. Only 13 percent believe their home will fall in value. At least that's how 2000 households reponded to a survey conducted by RT Strategies.

Just think back 10 years ago. If you bought a house then, would it be worth more or less today? Yeah, yeah, I know that 2006 was a poor year for real estate prices across the United States. However, just ask yourself a few questions....

Do you think the cost of lumber, concrete, and building materials will go down or up in the future?
Do you think the cost of labor will go down or up in the future?
Is more and more land becoming available, or less and less?

See how silly it is to think that housing costs will continue to drop? Just use your common sense. Beware of talking heads that predict doom and gloom for the future of the housing market.

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Bradenton Real Estate