CONSUMER CONFIDENCE IN HOUSING MARKET ROSE IN OCTOBER

Posted by Suzi Karr Realty on Friday, November 14th, 2014 at 10:41am.

American consumers are feeling more positive about the U.S. housing market, according to government-backed mortgage giant Fannie Mae, a sign that home sales and inventory may increase in coming months. The Fannie Mae October 2014 National Housing Survey  found that the number of people who believe it is a good time to sell a home rose to 44 percent, a new all-time high in the survey’s four year history. Consumers still think the housing market is more of a buyers’ market as 65 percent said it is a good time to buy, but that percentage was a decrease from last month. Read more...

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