PA housing market showed growth in 2012

-

WASHINGTON, D.C. – February 5, 2013 – (RealEstateRama) — Industry leaders believe that the housing market is on the road to recovery, according to a new survey conducted by Keystone Analyticsamong leaders of the Pennsylvania Association of Realtors®.

“Research showed significant growth in the housing market last year, and our members are feeling those effects on the local level,” notes PAR President Bette McTamney.

Seventy-two percent of those surveyed believe the housing market was either “much better” or “somewhat better” last year than in 2011, with newer members much more likely to say their business had improved in recent years compared to more experienced members.

In addition, 73 percent of respondents believe that the market will get “much better” or “somewhat better” over the next six months.  Only 2 percent believe that the market will get “somewhat worse” or “much worse.”

Regarding the importance of services currently available to members, 57 percent rated government affairs and political action as “very important” while 42 percent said PAR should place the most emphasis on government affairs over the next few years.

“Advancing legislation to protect consumers as well as our profession is and will remain a top priority of the association,” says Legislative Committee Chair Don Roth.

A $25 gift card was randomly awarded to one member completing the survey. Congratulations to Arlene Quirk from Keller Williams in Milford!

The results are based on an Internet survey of 154 members of the Pennsylvania Association of Realtors® who are identified as leaders of the association.

About Jennifer Shockley:
Jennifer Shockley is the Political and Community Services Manager at the Pennsylvania Association of Realtors®.

SHARE
Avatar

Pennsylvania RealEstateRama is an Internet based Real Estate News and Press Release distributor chanel of RealEstateRama for Pennsylvania Real Estate publishing community.

RealEstateRama staff editor manage to selection and verify the real estate news for State of Pennsylvania.

Contact:

Previous articleProposed settlement in unfair mortgage practices case
Next articleDCED: Commonwealth Financing Authority Now Accepting Applications to Support Water Infrastructure Projects