{"id":4518,"date":"2013-03-11T13:40:24","date_gmt":"2013-03-11T13:40:24","guid":{"rendered":"http:\/\/www.anthonydidonato.net\/wordpress\/?p=4518"},"modified":"2013-03-11T13:40:24","modified_gmt":"2013-03-11T13:40:24","slug":"housing-looking-good-despite-economic-headwinds","status":"publish","type":"post","link":"https:\/\/www.anthonydidonato.net\/wordpress\/housing-looking-good-despite-economic-headwinds\/","title":{"rendered":"Housing Looking Good Despite Economic Headwinds"},"content":{"rendered":"

Housing Looking Good Despite Economic Headwinds<\/h2>\n
\"Housing<\/a>

Housing Looking Good Despite Economic Headwinds. Image courtesy of phanlop88 \/ FreeDigitalPhotos.net<\/p><\/div>\n

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The number of consumers who believe home prices will increase over the next year rose to record highs, according to Fannie Mae\u2019s February 2013 National Housing Survey, which polled more than 1,000 Americans to assess their attitudes toward housing. Forty-eight percent of consumers surveyed say they believe home prices will rise in the next 12 months, and 10 percent of consumers say they believe home prices will inch down, a survey low.<\/p>\n

Overall, the survey showed that consumers are optimistic about the housing recovery, but that optimism isn\u2019t carrying over to the direction of the overall economy or household finances.<\/p>\n

\u201cDespite fiscal headwinds and political uncertainty, consumer sentiment toward housing is robust and continues to gather strength,\u201d says Doug Duncan, senior vice president and chief economist at Fannie Mae. \u201cWe expect home prices to firm further amid a durable housing recovery, gradually reducing the population of underwater borrowers and helping to boost the share of consumers who say that now is a good time to sell.”<\/p>\n

Among some of the survey\u2019s other findings:<\/p>\n