Jann Swanson | Mortgage News Daily | Feb 9 2015 | link
Fannie Mae said today that its monthly National Housing Survey (NHS) portrayed increasing optimism as both employment and overall economic figures improved. More respondents reported their own financial situations were improving and attitudes toward housing also brightened.
The share of respondents who said their household income is significantly higher than it was 12 months ago rose 4 percentage points to 29 percent, and the share expecting their personal financial situation to improve over the next year increased to 48 percent – both all-time survey highs. At the same time the number of consumers who see this as a good time to buy a home rose 3 percentage points and those seeing it as a good time to sell rose 4 to scores of 67 and 44 respectively. The latter number is an all-time survey high.