James Harris

The Mortgage Blog of James Harris

Americans Cautiously Optimistic About Housing

According to The Third Quarter 2010 Fannie Mae National Housing Survey, 68 percent of Americans think now is a good time to buy a home. The survey, meant to assess Americans’ confidence in homeownership as an investment, the current state of their household finances, views on the U.S. housing finance system, and overall confidence in the economy, also found that 25 percent of respondents think home prices will rise in the next year and 66 percent think buying a home is a safe investment. Overall, respondents were cautiously optimistic about their personal finances with as many expecting them to improve as those that expect their finances to remain the same. More here and here.

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