How real is the real estate recovery?

 

When Will Real Estate Recover? 

Yet another voice on the topic of recovery in the real estate market...

According to market research firm Harris Interactive...

• Most people (54%) do not expect the US housing market to recover before 2014. 

• That represents a negative change of attitude: 66% of November 2010 respondents believed that real estate would recover before 2014.

• Almost 40% of renters believe they never will buy a home

But remember, all real estate is local. In some markets, the recovery is happening now!