market: Fannie Mae Shows Consumer Confidence Increasing
- 05/21/17 09:29 AM
For the first time in five months, consumer confidence has increased, according to the Home Purchase Sentiment Index. As of February 2017, this score increased 5.6%, up to 88.3% satisfaction. Incredibly, this is up 5.6% from February of 2016 as well.
Part of this increase could be that the respondents are also reporting household income increases for the past year. Americans are expecting for home prices to go up and for mortgage rates themselves to go down.
As millennials begin to surge the housing market, their increase in job confidence and income gains have quickly increased the home buying market. These … (0 comments)
market: Home Prices Continue Upward Trend
- 12/08/16 12:37 PM
Are you or someone you know interested in buying or selling a home?The article, Case-Shiller: Home prices continue upward trend, from www.housingwire.com, reports that the S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index, covering all nine U.S. census divisions, reported an annual increase of 5.1% in June, unchanged from the month before. The 10-City Composite increased 4.3%, slightly less that May’s 4.4% increase. Similarly, the 20-City Composite increased 5.1% annually, down from May’s increase of 5.3%.“Home prices continued to rise across the country led by the west and the south,” says David Blitzer, S&P Dow Jones Indices Index Committee managing director and … (0 comments)
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For the first time in five months, consumer confidence has increased, according to the Home Purchase Sentiment Index. As of February 2017, this score increased 5.6%, up to 88.3% satisfaction. Incredibly, this is up 5.6% from February of 2016 as well. 
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