More Americans Believe Economy Headed in Right Direction

More Americans Believe Economy Headed in Right Direction

By Pete Bakel

Despite continued uncertainty surrounding the fiscal cliff, Americans are showing increased confidence in the housing market and the direction of the economy. According to results from Fannie Mae's November 2012 National Housing Survey, such improvement bodes especially well for continued strengthening in the housing sector, which in turn is likely to support overall economic growth. "Consumer attitudes toward both the economy and the housing market continue to gather momentum, with many of our 11 key National Housing Survey indicators at or near ... READ FULL ARTICLE

  http://rismedia.com/2012-12-10/more-americans-believe-economy-headed-in-right-direction/

Fannie Mae: Housing market 'has turned the corner'

Home prices, sales and mortgage rates point to continued growth

By Inman News, Tuesday, December 18, 2012.

Inman News®

Housing trends image via Shutterstock.

Despite lower expectations for the economy's progress as a whole this quarter, home sale and price trends suggest housing finally represents "a tailwind to growth," according to a monthly economic outlook released today by Fannie Mae's Economic & Strategic Research Group. FULL ARTICLE LINK:

MORE MARKET TURNAROUND EVIDENCE - FORECLOSURES DOWN FOR OCTOBER

Seller Optimism Growing One in five Americans surveyed say now is a good time to sell a house.

More Market Turnaround Evidence: Foreclosures Down in October By Jim Puzzanghera (MCT)—The number of homes in foreclosure dropped in October from the previous month and was down 9 percent for the year as the housing market showed signs of improvement.

CLICK ON LINK BELOW FOR FULL ARTICLE:

  http://rismedia.com/2012-12-05/more-market-turnaround-evidence-foreclosures-down-in-october/