{"id":15832,"date":"2019-08-09T14:30:46","date_gmt":"2019-08-09T14:30:46","guid":{"rendered":"http:\/\/www.anthonydidonato.net\/wordpress\/?p=15832"},"modified":"2019-08-09T14:30:48","modified_gmt":"2019-08-09T14:30:48","slug":"feeling-good-about-real-estate","status":"publish","type":"post","link":"https:\/\/www.anthonydidonato.net\/wordpress\/feeling-good-about-real-estate\/","title":{"rendered":"Feeling good about real estate"},"content":{"rendered":"

Feeling good about real estate<\/h2>\n
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feeling good about real estate<\/p><\/div>\n

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Fannie Mae\u2019s Home Purchase Sentiment Index surged to a new high as consumers became more upbeat about buying and selling, mortgage rates, and their jobs. Five of the six components measured by the index rose month over month.<\/p>\n

\u201cConsumer job confidence and favorable mortgage rate expectations lifted the HPSI to a new survey high in July, despite ongoing housing supply and affordability challenges,\u201d says Doug Duncan, Fannie Mae\u2019s senior vice president and chief economist. \u201cConsumers appear to have shaken off a winter slump in sentiment amid strong income gains. Therefore, sentiment is positioned to take advantage of any supply that comes to market, particularly in the affordable category. However, recent financial market events<\/a> following when the survey data were collected could weigh on consumer views looking ahead.\u201d<\/p>\n

Overall, the HPSI, based on a survey of 1,000 Americans, rose 7.2 points compared to a year ago to a record-high reading of 93.7 in July. Here are some highlights from the index\u2019s latest readings:<\/p>\n