Confidence in Housing as an Investment Rises

With appreciation climbing and equity growing, homeownership is the investment to make—and according to new research, Americans believe it is a solid vehicle for wealth. Sixty-five percent of respondents to a survey by the Federal Reserve Bank of New York believe buying a home is a “somewhat good” or “very good” investment; less than 11 […]

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Economy to Weather Turbulence in Second Half of Year

Analysts anticipate the economy will weather turbulence expected in the second half of the year, according to Fannie Mae’s Economic & Strategic Research (ESR) Group’s recently released Economic and Housing Outlook for August 2017. The Outlook maintains the economy will grow 2.0 percent over the course of the year, even with possible setbacks on the […]

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Home Price Change Expectations Flat

Many homeowners have enjoyed a return to positive equity in recent years, with home prices on a consistent upward trend in most markets. How high will values go? Potentially not much further, according to consumers in the June 2017 Survey of Consumer Expectations by the Federal Reserve Bank of New York, who held firm on […]

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Renters Warm to Homeownership, Despite Affordability Concerns

Renters are staunchly in favor of homeownership, and, though they have concerns about their ability to afford a home, more now believe it is easier to qualify for a mortgage. According to the latest SCE Housing Survey, part of the Survey of Consumer Expectations (SCE) by the Federal Reserve Bank of New York, 72.3 percent […]

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