Sunday, March 15, 2009

It's Your Job, Stupid

I saw a "American Dream" survey cited in the Chicago Tribune "House and Homes" section (still like the old "real estate" section and content) concerning home buyer motivation.

A few findings:
76% of Americans feel owning a home is part of their "American Dream"
58% of Midwestern respondents felt job creation and job security were the number one thing President Obama could do to restore confidence in the housing market.

If you believe Mr. Obama will increase your job security, I have a bridge to sell you.

7% felt lower interest rates would restore faith in the housing market.

Peter Flint, CEO of, was quoted as saying, "When people are confident the economy won't get worse, that's when they will get back in (to the housing market)".

Just a few days ago I pointed out this post concerning buyer motivation and my two cents in the comments portion.
Top concerns with my potential clients are jobs and income.

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