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Is the Economy Fostering Optimism in Real Estate? Not Yet

By Suzanne De Vita

Confidence in the economy is high, but optimism about ownership is not, according to the National Association of REALTORS® (NAR). The amount of buyers who are confident about their prospects shrank to 68 percent in NAR's quarterly Housing Opportunities and Market Experience (HOME) survey, a decline from 72 percent last quarter. Fifty-five percent of renters have the same sentiment—also a decline, from 60 percent in the quarter prior. 

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