Eighty - six per cent of potential first - time buyers say low interest rates make them more likely to purchase a home; 81 per cent
cite lower housing prices as a motivating factor; while 76 per cent cite job security; and 64 per cent say a stable economy is an important factor in their decision to buy.
Citing falling unemployment,
low mortgage rates, and an accelerating economy, the five authors of America's Home Forecast: The Next Decade for
Housing and Mortgage Finance conclude: «The likelihood of a decline in home
prices at the national level is quite remote.»