Recent Reports Indicate Optimism for Housing Market

01/30/12

Numerous sources are referring to 2010-2012 as a generational buying opportunity. You may have noticed over the course of the last month or so, we’re starting to see some optimism growing in the housing market. Media outlets are including forward-looking sentiments in their housing-related reports rather than focusing on the past conditions, and many reporters are starting to talk about this year and next year as being likely to outperform 2011. As optimistic sentiment continues to gain momentum in the marketplace, I thought I would share a few key points. The fundamentals of the housing market remain strong: interest rates are low, consumer confidence is strengthening and housing affordability remains high. US Consumer Sentiment Increasing

US Consumer Sentiment Increasing

Interest Rates at Record Lows

Interest Rates at Record Lows             Interest Rates at Record Lows             Housing Affordability Remains High Housing Affordability Remains High             US Economy Growing Faster US Economy Growing Faster

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