Confidence in the US housing market grows – Chicago Agent Magazine Current Market Data

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It’s Time To Start Worrying About The Housing Market Again Posted by Financial Samurai 195 Comments Despite publishing cautionary posts about investing in stocks, bonds, and alternatives at current levels, the biggest caution I should be writing about is taking out massive debt to buy property at record highs as of 2Q2019.

American consumers haven’t been this confident in the housing market in years, according to the latest results of a monthly survey by Fannie Mae. The firm’s Home Purchase Sentiment Index (HPSI) for july rose 2.2 percent to 93.7, its highest reading since Fannie Mae began conducting the survey nine years ago.

US consumers are less optimistic and given they and the housing market will have to support GDP, jobs, and housing demand, there is a real threat of a housing crash. Oil prices are rising and there’s no expectation IRAN will change its ways so sanctions won’t be lifted on their oil output.

Crown Paints unveils new products with eye on affordable housing By Cynthia Challener, CoatingsTech Contributing Writer In its August 2017 issue, CoatingsTech surveyed a number of coating manufacturers and raw materials suppliers to learn about their perspectives on the state of R&D in the coatings industry, their viewpoints on the role of R&D in their firms, and the different R&D strategies that are being used [.]

Americans growing concerned about potential housing market correction, study finds. by Claire Fountas August 10, 2017. A nationwide increase in median home values coupled with low inventory indicates a stronger post-recession market.

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Consumer confidence on housing hits all-time high. by Andrew Morrell August 8, 2019. American consumers haven’t been this confident in the housing market in years, according to the latest results of a monthly survey by Fannie Mae. The firm’s Home Purchase Sentiment Index (HPSI) for July rose 2.2 percent to 93.7, its highest reading since Fannie Mae began conducting the survey nine years ago.

The 30-year fixed-rate mortgage barely budged this week, remaining low at a 3.75% average, Freddie Mac reports. "Mortgage rates have essentially stabilized over the last two months, which reflects the recovery and improvement in the economy from the malaise earlier in the year," says Sam Khater, Freddie Mac’s chief economist.

a fact that could buoy the housing market for years, according to a recent Wall Street Journal article. Just three years ago, the homeownership rate for this group had fallen to a 50-year low. But now.

July’s housing market report paints a rosier picture of home prices for sellers. Home Prices rose while supply is heading downward. That could predict higher home prices. Builders sentiment is improving which could add new home supply for 2020. See the stats, charts and expert opinions about the US housing market.

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