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Majority of Americans Believe Housing Crisis Isn’t Over

By
Mortgage and Lending with LoanOfficerSchool.com NMLS 291249

MORTGAGE INTEREST RATE LOCK ADVISORY

June 4, 2014 8:00 AM PST 
 
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7 Day Close Mortgage Interest Rate lock or Float Advice: LOCK
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MORTGAGE AND REAL ESTATE NEWS  

 

Majority of Americans Believe Housing Crisis Isn't Over 
By: Tory Barringer - Recession-RecoveryWhile the housing market continues to make strides toward recovery following last decade's crash, a new survey finds the majority of the American public still harbors doubts about whether the worst of it is truly over.

In its second annual survey of housing attitudes, the MacArthur Foundation found 51 percent of American consumers still believe the country is in the midst of its housing crisis, while another 19 percent believe the worst is yet to come. Only 25 percent said they believe "the housing crisis is pretty much over." >>Read More MReport
Elite Home Sales Team
Elite Home Sales Team OC - Corona del Mar, CA
A Tenacious and Skilled Real Estate Team

Hi Bill

Thank you for the information on on the mortgage rates and the market.

Jun 04, 2014 01:09 AM
Rob Marken
Bend River Realty - Bend, OR
25+ years experience in Bend

Such great points about Americans fearing that the housing crisis isn't over.  Many times when I speak with people about buying or selling a home they are fearful of another crash occuring.  It is very intersting.  Thanks for sharing. 

Jun 04, 2014 01:39 AM
Paul Collier
Patriot Home Mortgage - Huntington Beach, CA
Paul Collier

I think as long as people have to keep short-selling their homes, or selling for a very small amount of profit, at the same time home prices around them are rising, no one is going to feel like the crisis is truly over. Outside and especially foreign investment may continue to give the the false impression that our economy is improving when the average homeowner is still feeling the struggle. 

Jun 04, 2014 06:26 AM