On August 26th, the Conference Board Consumer Confidence Index had improved moderately in July. It made further gains in August.
This is one more sign that the housing market is rebounding. People spend more as confidence goes up. Consumer confidence is not as good as it was in December, but a rebound starts at the bottom...
2 months in a row the numbers have increased. We'll just have to wait until September 30th to see if this trend will continue. I believe it will. The optimism that comes with election time will spur on the market and a new President always gives the economy a boost (no matter which party they are from).
Look for the signs in your area. The housing market is rebounding on a national scale. Yesterday, I spoke about the 30 States had Positive Changes in House Prices over the last year! Look for the positive information and discuss it with the people in your office, your competitors, and especially your customers and the public! A few days ago, I posted a Reuters News video called "Housing shows signs of life" that talks about how the worst is over.
Are you feeling the confidence returning? Is your market improving?
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