Housing Crisis

Builder - CONFIDENCE IN HOUSING MARKET 'STURDY'

Builder - CONFIDENCE IN HOUSING MARKET 'STURDY'

CONFIDENCE IN HOUSING MARKET 'STURDY'
New index shows lingering post-crash anxiety but also growing confidence.

Amid uncertainties around the global economy, national security and the national presidential campaign, Americans' confidence in the housing market remains sturdy and, in fact, is on the rise, according to the latest ValueInsured Modern Home Buyer Survey.

The ValueInsured Housing Confidence Index was 68.7 points in June, up slightly from 67 points in March. This 1.7-point rise in confidence is consistent with improvements in the government's June jobs report.

Consumer Affairs - Survey: housing market still suffers from 2008 hangover

Consumer Affairs - Survey: housing market still suffers from 2008 hangover

Survey: housing market still suffers from 2008 hangover
Economic worries now 'the new normal'

The housing market appears healthy. Despite tight inventories, sales keep rising and so do prices. The market appears to have come a long way since the depths of the 2008 financial crisis, when homes prices imploded.

But a new survey suggests the market is still suffering a hangover. The ValueInsured Modern Homebuyer Survey found there is still some nervousness influencing home buying decisions today, a condition it declares as “the new normal.” In particular, it affects Millennials.

Housing Confidence Trending Upwards Despite Anxious New Normal

Housing Confidence Trending Upwards Despite Anxious New Normal

Housing a Safe Bet – But Could be Safer – in Uncertain World, Suggests ValueInsured Modern Homebuyer Survey 

DALLAS, July 26, 2016 – Amid uncertainties around the global economy, national security and the national presidential campaign, Americans’ confidence in the housing market remains sturdy and, in fact, is on the rise, according to the latest ValueInsured Modern Homebuyer Survey.

The ValueInsured Housing Confidence Index was 68.7 points in June, up slightly from 67 points in March. This 1.7-point rise in confidence is consistent with improvements in the government’s June jobs report.

Cart (0)