Property buyers in the US are over optimistic about house price growth, survey shows

[Nicholas Wallwork]

Despite widespread volatility within the real estate market and five consecutive years of home value declines, more than 42% of prospective home buyers believe property values typically appreciate by 7% a year, according to a new survey. According to leading real estate information marketplace Zillow, which carried out the survey, this is an unrealistic expectation [...]

Click to Read The Full Story and Add your Own Comments to Property buyers in the US are over optimistic about house price growth, survey shows

 

[landlordindia]

Thanks for sharing survey...

 

[Dave_Velasco]

Probably people are now thinking that the best way for the market to start improving again is to start in becoming positive on themselves. Most of us are really pessimistic these days - and probably that's among the reasons why the market is continuously going down. But - they might thought that if people get to think optimistically - then people would not become doubtful on property investments or retirement investments etc.

 

[LVVR]

Yea, I see a lot of people being overly optimistic these days about how things are going.