A new report by real estate search engine Trulia (NYSE:TRLA) shows that Americans are coming around about home ownership.
The American Dream study, conducted by Harris Interactive, showed that 27% of consumers feel more confident about owning a home. That’s up from 19% six months ago. Overall, home ownership is increasing, and so is the number of people looking to buy.
However, buyers might find that it’s becoming harder to get a home as confidence improves, and a decline in sellers might lead to rising home prices in 2013.
The online survey was performed between Nov. 15 and 19; 2,082 Americans were surveyed, of which 1,271 were homeowners.
Some other facts from the survey:
- 31%: Number of renters planning to buy within two years
- 72%: Those who say that home ownership is a part of their plans
- 43%: Number of 18-34-year-olds who already own a home
- 23%: Decline in home inventory since 2011
The full survey can be seen here.