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Trulia and RealtyTrac Recap Call on 2012 Housing Recovery

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Uploaded by on Dec 7, 2010

Today, Trulia and RealtyTrac, the leading online marketplace for foreclosure properties, released the latest results of an ongoing survey tracking homebuyers' attitudes toward foreclosed homes. Results of the survey conducted online from November 2-4, 2010 by Harris Interactive® on behalf on Trulia and RealtyTrac showed that Americans continue to grapple with uncertainty about the housing market, with 58 percent of U.S. adults expecting recovery to take at least another two years.
As a result of the recent robo-signing debacle, half of U.S. adults expressed that they now have less faith in mortgage lenders, banks and the government. Another 35 percent believe the robo-signing issue will delay the housing market's recovery, while only 6 percent of U.S. adults think the robo-signing issue will have no effect on the recovery of the housing market.

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