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Is The U.S. Housing Boom About To Bust?
While Interest Rates Remain Low, Opportunities Prevail, Reveals Ipsos-Insight Survey
February 26, 2004
Contact Darcy Ulmer at (778) 373-5000
Category Consumer Trends , Finance & Economy
Sector Financial Services
Location United States
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This news release contains 723 words and 2 PDF attachments.
New York, NY – Over the last three to four years, home buying, mortgages, and re-financing have been the engine of growth for the U.S. economy, but there has been growing concern that the market has been satiated and the home sector boom is about to bust. However, many consumers are still planning to buy homes, to take out home equity loans, or to refinance, and more first-time home buyers are planning on entering the market this year, according to a survey by Ipsos Insight, the global marketing research firm.
