Poll Indicates Most Americans Believe Home Prices Have Bottomed

Reno/Sparks Real Estate - Buying Real Estate in Reno/Sparks, Nevada

DSNews.com reports that a recent poll conducted by Fannie Mae indicates that 78% of Americans believe home prices have bottomed out.

"Of the respondents to the Fannie Mae National Housing Survey, 47 percent believe home prices will hold steady over the next year, while 31 percent expect them to rebound." "A majority of Americans — 67 percent — continue to believe that housing is a safe investment; however, that number is down 16 percentage points from a similar survey conducted in 2003 — the largest drop by far among all investment types tracked since then."

Complete Article at http://tinyurl.com/24n6nu6 DSNews.com by Carrie Bay 09/16/2010