Although a press release last week about a Gallup
survey showed Americans view real estate as a better long term investment
than stocks, gold, savings accounts, or bonds, another report from the company
indicates they are less enthusiastic about buying a home.
Gallup said today that 69 percent of Americans responding to
their survey said it was a good time to buy a home while 74 percent thought
this in both 2013 and 2014 surveys. The current
number is similar to that measured by Gallup from 2009 to 2012 and showed a more
positive attitude toward buying than between 2006 when home values stopped
rising and interest rates increased and 2008, after the housing bubble burst. During that period only 50 percent thought it
was a good time to buy.