The National Association of Home Builders is fighting back against the use of distressed properties in appraisals of new homes. NAHB Chairman Bob Nielsen points out that the two are fundamentally different. Obviously, distressed properties have not been maintained or updated if they are distressed, but a new home would have all of the latest features, energy...
Daily Real Estate News | Thursday, November 10, 2011
Nearly seven out of 10 American—seven more so for the millennial younger generation — say that candidates’ positions on housings will be very important to them in the 2012 presidential and congressional elections, according to a new survey by Move Inc. of 1,000 adults.
Survey respondents identified the following top housing priorities for the next president’s first 100 days in office:
- Helping home owners avoid foreclosure
- Keeping interest rates low
- Making more affordable mortgage credit available
The survey also found that four out of five Americans say a strong real estate market is key to an economic recovery.
“After four years of living in a housing downturn, American voters clearly want answers and are looking to our elected leaders for solutions,” Errol Samuelson, chief revenue officer of Move Inc., said in a statement. “Our survey found that while some people may be frustrated or pessimistic, 27.3 percent of Americans still plan on buying a home. The survey illustrates candidates who share the concerns of the American people and make housing a top priority will win their confidence.”
Source: “2012 Presidential Elections: 69.6% of Americans Said Housing Will Influence Their Vote,” Move Inc. (Nov. 8, 2011)
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