Ricky Khamis's Blog: Americans’ View Of Economy, Housing Takes Positive Turn


Americans’ View Of Economy, Housing Takes Positive Turn

For the first time in nearly a year, more Americans say they expect their financial situation to improve over the next 12 months than say it’ll stay the same. Fannie Mae’s Monthly National Housing Survey shows an increasingly positive attitude toward the housing market and the broader economy among surveyed Americans. The results of the survey found a six percent jump in the number of people who say the economy is on the right track and a four percent spike in the number of participants who expect home prices to increase in the next year. Doug Duncan, vice president and chief economist at Fannie Mae, said there’s been a marked improvement in consumer sentiment regarding the direction of the economy, personal finances, and future home price expectations following the fourth-quarter pickup in the economy. On average, Americans say they expect home prices to rise by 0.8 percent in the next 12 months, up from 0.2 percent in November. Also, 71 percent of Americans say it is a good time to buy a home, which is a 3 percent increase from the month before. More here andhere.



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Ricky Khamis
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Amerifirst Financial Disclosure-  The opinions expressed here are the personal opinions of Ricky Khamis.  Content published here is not read or approved by Amerifirst Financial before it is posted and does not necessarily  represent the views and opinions of Amerifirst Financial.

Comment balloon 3 commentsRicky Khamis • January 09 2012 02:35PM


Ricky, by no means am a anything close to a doom and gloomer, but I will say that no one I REALLY KNOW...ACTUALLY FEELS THAT WAY.  It's what our government is selling.  I'm hopeful that it'll turn to this, but as of now, it's just a government sponsored report.  I'm hopeful we'll get there, but I'm just not buying what they're selling right now!

Posted by Larry Bettag, Vice-President of National Production (Cherry Creek Mortgage Illinois Residential Mortgage License LMB #0005759 Cherry Creek Mortgage NMLS #: 3001) about 8 years ago

Ricky: Let's hope that optimism turns into results- Thanks for sharing!

Posted by Andrew Capelli (Hoover Elementary) about 8 years ago
Keep these articles coming as they've oneped many new doors for me.
Posted by Dina about 8 years ago