Real Estate Investor Optimism Sinking

by Joshua Dorkin on August 28, 2006

The good people at Gallup have posted the results of their UBS/Gallup Index of Investor Optimism poll, which shows that “investors are worried that the real estate markets are continuing to deteriorate. The new poll also shows that investor optimism continued its steady seven month decline, reaching a new low point for the year in August.”

As you can see from the following charts:

gallupjuly06 Real Estate Investor Optimism Sinkinggallupaugust06 Real Estate Investor Optimism Sinking

Only 41% of investors rate the market as good or excellent currently, compared to 52% in July. “Even more importantly, 7 in 10 investors believe conditions in the residential real estate market nationwide are getting worse, not better — up from 63% in June.”

Share    
 

{ 1 comment… read it below or add one }

1 Todd August 29, 2006 at 5:35 pm

While people are getting nervous, I have seen some good bargins.

Reply

Leave a Comment

You can use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>

CommentLuv Enabled

Previous post: Another Carnival of Real Estate

Next post: House Values Looks to Motivate Real Estate Professionals

Copyright © 2004-2009 BiggerPockets, Inc. All Rights Reserved.
BiggerPockets® is a registered trademark of BiggerPockets, Inc.