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Growing majority avoid buying homes as pessimism over housing crisis grows
The public anxiety is in reaction to an economy
Alan Fram, Ap Writer
Published: April 14, 2008 06:42
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Excerpt: {magazine_leadin}WASHINGTON (AP) _ A growing majority say they won’t buy a home anytime soon, the latest sign of increasing pessimism about the nation’s housing crisis, a poll showed Monday. In a vivid sketch of how the sputtering real estate market is causing distress throughout the country, the Associated Press-AOL Money & Finance poll found that more than a quarter of homeowners worry their home will lose value over the next two years. Fully one in seven mortgage holders fear they won’t be able to…
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