baltimoresun.com

« To pay off faster, or not to pay off faster | Main | An appeal from a local nonprofit »

July 18, 2008

Poll: Buyers weigh in

What stops potential homebuyers from buying? High home prices, according to a Harris Interactive poll. That was the barrier that ranked highest in the survey of 2,462 adults, conducted for Move Inc. Thirty-one percent of those polled gave that answer.

In second place was lack of money for a down payment, with 28 percent of responses. Lack of confidence in the economy was third, with 26 percent.

High home prices are a particular barrier in the West, according to the poll, with 39 percent saying that was their biggest concern. It was 34 percent in the Northeast, which includes Maryland; 27 percent in the South, and 26 percent in the Midwest.

Other topics in the poll include whether buyers think the housing market will improve with the change in presidents in January (44 percent say yes) and whether they're nervous about the state of the housing market now (81 percent say yes).

Posted by Jamie Smith Hopkins at 6:00 PM | | Comments (0)
        

Post a comment

All comments must be approved by the blog author. Please do not resubmit comments if they do not immediately appear. You are not required to use your full name when posting, but you should use a real e-mail address. Comments may be republished in print, but we will not publish your e-mail address. Our full Terms of Service are available here.

Please enter the letter "e" in the field below:
About Jamie Smith Hopkins
Jamie Smith Hopkins, a Baltimore Sun reporter since 1999, writes about the regional economy. Her reporting on the housing market has won national and local awards. Hopkins is a Columbia native and has lived in Maryland all her life, save for 10 months spent covering schools in Ames, Iowa.
She trained to become a wonk by spending large chunks of time as a geek and an insufferable know-it-all.
Baltimore Sun articles by Jamie
Follow @realestatewonk on Twitter
-- ADVERTISEMENT --

Most Recent Comments
Baltimore Sun coverage
Baltimore Sun Real Estate section
Archive: Dream Home
Dream Home takes readers into the houses of area residents who have found their ideal home.
Maryland home sales
Find out where homes are selling in your neighborhood, or search for sales from across the region.

Top-selling property
A look at some of the most expensive homes in the area and where they are located.
Follow the Wonk on Twitter
Stay connected