Consumers are more confident in housing than ever before: Fannie

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Americans are also more confident with their lives outside of housing. Seventy-eight percent reported they are not concerned about losing their job, an all-time survey high and an increase of 9 percent.

Fannie Mae’s Home Purchase Sentiment Index showed an all-time high in consumers confident about the housing market. The HPSI increased 3.3 points in July to 86.5, up from last month’s 83.2. The HPSI distills information about consumers’ home purchase sentiment from Fannie Mae’s National Housing Survey into a single number.

Consumer Confidence In Housing Market Increasing But Normal Housing Market Still In The Distance By Dennis Norman , on July 8th, 2014 Consumers continue to gain confidence in the housing market but not enough to return us to a "normal" housing market, according to the June 2014 Fannie Mae National Housing Survey.

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Ninety-six percent of luxury homebuyers today are leaning on their real estate agent for more acute information than ever before. They are looking for insight into neighborhood lifestyle (65%), advanced new listing notices (64%), advice on housing trends (55%), and support on a personal level throughout the buying process (53%).

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They told me there have been efforts to increase oversight, such as the Dodd-Frank financial reform, which created entities such as the Consumer Financial. Yet, a decade later, the GSEs like Fannie.

Fannie Mae’s Home Purchase Sentiment Index reached a new all-time survey high, which indicated that consumers are confident about the housing market. Stephen Eastman, Retirement Funding Solutions, NMLS# 485909

Homebuilder sentiment declines to an eight-month low Sentiment among american homebuilders deteriorated to an eight-month low in July on concerns about higher material costs, according to data Tuesday from the National Association of Home Builders/Wells Fargo.

Before the housing. and Fannie deem as problematic, forcing the lenders to increase reserves and legal teams to contest claims. All told, the U.S. banking industry stands to lose up to $44 billion.

Fannie Mae’s Home Purchase Sentiment Index showed an all-time high in consumers confident about the housing market. The HPSI increased 3.3 points in July to 86.5, up from last month’s 83.2.

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