Housing Sentiment
in 2015 has seen an increase from a few contributing factors, including
strengthening employment and consumer optimism according to Fannie Mae's
February Housing Survey. Respondents who
believe that the economy is heading in the right direction rose 3 percentage
points last month, which is an all - time survey high at 47%. In addition those believing it is easier to
get a home mortgage today increased to a record high of 54%. "We continue to see strength in
attitudes about the current home buying and selling environment and
consistently high shares of consumers saying they expect to buy a home on their
next move." says Doug Duncan, Senior VP & Chief Economist at Fannie
Mae.
Here are some additional statistics
generated by the survey:
·
The average 12 - month home price change
expectation remained at 2.25%
·
The average 12 - month rental price change
expectation increased to 4.0
· A survey high revealed that respondents believing
that it will be easier to obtain a home mortgage today settled at 54%.
·
The shares of respondents who say the economy is
on the right track increased by 3 percentage points to a level of 47%, which is
an all - time high for the survey.
Couple those results with the fact that respondents who believed the
economy was headed in a negative direction fell to an all - time low 45%.
To read the full article please visit: Original article credit to Katie Penote
http://rismedia.com/2015-03-09/consumers-increasingly-optimistic-about-economy-housing/?utm_source=newsletter&utm_medium=email&utm_campaign=eNews
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