Economy

Buying today means buying high, say most homebuyers and owners

Buying today means buying high, say most homebuyers and owners

Earlier this week, a “rare bear” who caught national attention by accurately predicting the last housing crash in 2005 returned to the headlines. The famed money manager sounded the alarm that current housing "valuation extreme" looks a lot like it is 2005 all over. And he used the b-word, cautioning homebuyers are again in denial of a bubble just as they did before 2007. 

There are no doubt both many bear and bull economists right now, each with their own opinions on the subject. But, to the non-economist homebuyers, this is all just more conflicting noise that impacts their confidence and decision making.

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.

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.

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