Wednesday, May 18, 2011

Trulia and RealtyTrac Survey Reveals 54 Percent of American Adults Now Believe Housing Recovery Remains Unlikely Until 2014 or Later


SAN FRANCISCO, CA,  May 18, 2011 – Trulia, a top resource for homebuyers, sellers and renters, and RealtyTrac, the leading online marketplace for foreclosure properties, today released the latest results of an ongoing survey that has tracked American attitudes toward foreclosed homes since 2008.

 Harris Interactive® conducted this online survey on their behalf from April 15 to 19, 2011, among 2,018 U.S. adults aged 18 and over.

Key Findings
American Expectations for Housing Market Recovery Falters

As more cities across the nation experience double dips in home prices , more than half (54 percent) of U.S. adults believe recovery in the housing market will not happen until 2014 or later, according to the survey released today.

 In a previous survey conducted six months ago , 42 percent of American adults said they thought the market would turn around by 2012 or had already turned around. Now, only 23 percent continue to think this will happen.

For a complete copy of the survey, please contact:

Chip Scarinzi for Trulia,, 415.486.3221
Daisy Kong,, 415.400.7391
Michelle Sabolich for RealtyTrac,
 415.593.1400 ext. 1233

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