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?

 

Bill Maggie & Jester Sauneuf

 
This post has been included in Washington Information

3 Comments on Consumer Confidence Improves for the 2nd Month in a Row

AUG
30
2008
284,010 Points Localism Sponsor Outside Blog

I love it Bill.  The winds of change are blowing.  Nothing bad (or good) lasts forever.

2:26am • #1
4 Featured Posts

Michael,

Feels good, doesn't it!  There is plenty of good news out there, you may have to dig a little but its there!  Find it and tell people about it!!

2:46am • #2
416,712 Points 17 Featured Posts Outside Blog

I'm already seeing signs in our area. But I predicting this summer would be the bottom for us. Once again proving that real estate is totally local! But it's nice to be back in business =)

3:06am • #3

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Bill Sauneuf

Mount Vernon, WA

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