By Greg Stitz, Ohio REALTORS Director of Research
In 2012, when the question was first asked, 17 percent of respondents expressed optimism that strict lending practices would ease during that year. This year, 42 percent of respondents to Ohio REALTORS January 2018 housing market confidence survey indicated optimism that strict lending practices would ease up in 2018. This finding reflects a 25 percent increase in optimism over the five-year period. 2018 findings also show that 14 percent of respondents are not optimistic lending practices will ease and 44 percent believe they will stay the same.
By Greg Stitz, Ohio REALTORS Director of Research
The Ohio REALTOR Confidence Survey conducted in January asked participants to predict how the residential real estate market will perform in 2018. 60 percent of respondents, 10 percent more than last year and 14 percent more than in 2016, believe the market will improve at a fast or moderate pace. Only 6 percent believe the market will slow and the remaining 34 percent believe the market will continue to perform at its current pace.
By Greg Stitz, Ohio REALTORS Director of Research
The 2017 Ohio housing market performed better than expected or as expected for 94 percent of Ohio REALTORS according to December 2017's housing market confidence survey. There is little difference in percentages over the past three years when combining "better than expected" and "as expected" scores, however, 10 percent fewer REALTORS found the market performing "better than expected" in 2017 than in 2015.
WASHINGTON (February 7, 2018) — Despite weakening optimism from non-homeowners at the end of last year that now is a good time to buy, an overwhelming majority said they do want to own a home in the future and believe homeownership is part of their American Dream.
That is according to new consumer survey data from the Natio...
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