According to a survey by Berkshire Hathaway HomeServices, current and prospective homeowners are increasingly optimistic about U.S. real estate. Respondents cited low interest rates, an improving economy and increasing housing inventory as key reasons for their growing optimism.

76% of prospective homeowners said this year is a more ideal time to buy a home - an 11% jump just from December. Millennials are increasingly interested in homeownership and its virtues. An increasing number of current homeowners - mostly Boomers and Gen-Xers - see modest mortgage rate hikes as a sign that the real estate market is heading in the right direction.