Many Put Home Buying Plans on Hold

Interesting insights in a report on the MarketingCharts website:

More than one-quarter (27%) of American homeowners say that the current economic environment is causing them to put their plans to buy a new or existing home on hold, according to (pdf) a new Ipsos Public Affairs poll conducted on behalf of Realogy.

Among those who are most likely to say they are putting off a home purchse because of the financial crisis:

  • Non-white homeowners (46%)
  • Homeowners under age 35 (38%)
  • Parents with children under 18 (33%)
  • Those with a household income of less than $50,000 (33%)

Are you one of these folks? Just curious.

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