Real Estate Investor Optimism Sinking


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:

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.”

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Joshua Dorkin

Joshua Dorkin (@jrdorkin, Google+) founded when he saw a need for free, trustworthy information about real estate investing online. Over the past 12 years, Josh has grown the site from self-funded hobby to full-time job and passion. Today, BiggerPockets brings together over 600,000 members, housing the world’s largest library of real estate content, iTunes’ #1 real estate podcast, and an array of analysis tools, all geared toward helping users succeed.

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