One of the many benefits of dealing with a real estate powerhouse like Berkshire Hathaway is having easy access to their national data.

Berkshire Hathaway HomeServices released the results of its latest Homeowner Sentiment Survey indicating that 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.

Reversing downward trends for the past two surveys, 61% of current homeowners and 65% of prospective homeowners now see the real estate market as more favorable for sellers and buyers. In fact, 76% of prospective homeowners - a survey group composed mainly of millennials and Gen-Xers - said this year is a more ideal time to buy a home. That represents an 11-point jump from the December survey.

My personal opinion has always been that the Asbury Park real estate market is a true micro-market. Our ups and downs often do not correspond with the national trends and oftentimes, not even with the trends of Monmouth County. However based upon the above study, it looks like we now fall squarely into the national profile. Is this a temporary situation or the new norm as more and more people are determined to settle in Asbury Park? Only time will tell but it's an interesting turn of events.

Outside of real estate, the summer season is kicking into gear and downtown is busier than ever. Be sure to stop into Troy Teeboom's spectacular Kur Wellness Center and congratulate him on his 1 year anniversary this month. And while you are on the block check out the new homemade pasta shop, Pasta Volo, directly across the street at 419 Bond Street, Talking Heads Barbershop at 415 Bond, and Asbury Acupuncture at 418 Bond. Block by block Asbury Park is a city on the move.