 March 9, 2012 Attitudes About Housing
March 14, 2012
Americans’ Attitudes About Housing and Personal Finance Improves
Americans’ concerns about several key economic factors are beginning to subside, according to the latest Fannie Mae housing survey. In the February survey, 76 percent of Americans say they are not concerned about losing their job in the next 12 months, compared to 70 percent in November 2011. While 57 percent think the economy is on the wrong track, that figure is down 18 percentage points since November 2011.
Only 12 percent of those surveyed think that their personal financial situation will worsen in the next 12 months, down 3 percent from January and the lowest level in over a year. Nearly two-thirds expect their income to stay the same, up 1 percent from January, while 16 percent say their income is significantly lower than it was 12 months ago, down 1 percent since January.
More than half of Americans (52 percent) expect home prices to say the same, while 28 percent expect home prices to increase over the next 12 months and 15 percent believe prices will decline. On average, Americans expect home prices to increase by 0.8 percent over the next 12 months, down slightly since January. While 70 percent of respondents say it is a good time to buy a home, the percentage of people who believe it is a good time to sell rose 3 percentage points to 13 percent, the highest level in over a year. Fri, Mar 9, 2012
Americans’ Attitudes About Housing and Personal Finance Improves
Americans’ concerns about several key economic factors are beginning to subside, according to the latest Fannie Mae housing survey. In the February survey, 76 percent of Americans say they are not concerned about losing their job in the next 12 months, compared to 70 percent in November 2011. While 57 percent think the economy is on the wrong track, that figure is down 18 percentage points since November 2011.
Only 12 percent of those surveyed think that their personal financial situation will worsen in the next 12 months, down 3 percent from January and the lowest level in over a year. Nearly two-thirds expect their income to stay the same, up 1 percent from January, while 16 percent say their income is significantly lower than it was 12 months ago, down 1 percent since January.
More than half of Americans (52 percent) expect home prices to say the same, while 28 percent expect home prices to increase over the next 12 months and 15 percent believe prices will decline. On average, Americans expect home prices to increase by 0.8 percent over the next 12 months, down slightly since January. While 70 percent of respondents say it is a good time to buy a home, the percentage of people who believe it is a good time to sell rose 3 percentage points to 13 percent, the highest level in over a year. Fri, Mar 9, 2012
Americans’ Attitudes About Housing and Personal Finance Improves
Americans’ concerns about several key economic factors are beginning to subside, according to the latest Fannie Mae housing survey. In the February survey, 76 percent of Americans say they are not concerned about losing their job in the next 12 months, compared to 70 percent in November 2011. While 57 percent think the economy is on the wrong track, that figure is down 18 percentage points since November 2011.
Only 12 percent of those surveyed think that their personal financial situation will worsen in the next 12 months, down 3 percent from January and the lowest level in over a year. Nearly two-thirds expect their income to stay the same, up 1 percent from January, while 16 percent say their income is significantly lower than it was 12 months ago, down 1 percent since January.
More than half of Americans (52 percent) expect home prices to say the same, while 28 percent expect home prices to increase over the next 12 months and 15 percent believe prices will decline. On average, Americans expect home prices to increase by 0.8 percent over the next 12 months, down slightly since January. While 70 percent of respondents say it is a good time to buy a home, the percentage of people who believe it is a good time to sell rose 3 percentage points to 13 percent, the highest level in over a year.
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