Buy a house in Hudson, WI - Majority of Surveyed Consumers Say Now’s The Time To Buy

Mortgage and Lending with Bridgeview Bank

Fannie Mae’s April 2012 National Housing Survey finds Americans’ attitudes toward homeownership, the economy, personal finances, and home prices continuing to improve. A large majority of respondents say now is a good time to buy a house and an increasing number say it’s a good time to sell. Doug Duncan, vice president and chief economist of Fannie Mae, said after flat lining at depressed levels for more than a year, the growing number of consumers who feel it’s a good time to sell suggests rising optimism for the housing market. Among the other highlights of the survey, the number of respondents who expressed confidence in the economy’s direction hit a two-year high in April and Americans expect home prices to rise by 1.3 percent over the next year. Also, 23 percent of Americans say they’ve seen an increase in their personal income over the past 12 months, which is the highest level recorded in a year.

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