Dive summary:
- The monthly survey that Fannie Mae conducts to find out the nation's attitudes toward housing found in September that the most people since the survey began a little over two years ago – 41% – think the economy is on the right track and the lowest number – 53% – think it is on the right track.
- Respondents expect the prices of homes to go up 1.5% in the next 12 months.
- A little less cheerful were findings that while the percentage of people who expect their financial situations to improve was up two points, it still was at only 44%. In addition, 17% of people said their household income is significantly higher than it was 12 months before.
From the article:
Results from Fannie Mae’s September 2012 National Housing Survey show Americans’ optimism about the recovery of the housing market and with regard to homeownership continued its gradual climb, bolstered by a series of mortgage rate decreases experienced throughout the summer. ...