NATIONAL HOUSING SURVEYS

Fannie Mae released its latest National Housing Survey and found that consumers have a mixed outlook on housing. The majority of consumers surveyed (67 percent) continue to believe that housing is a safe investment.
Nearly half (47 percent) think that home prices will hold steady over the next year while nearly one-third (31 percent) think prices will rise.
70 percent think this is a good time to buy a house, compared with 64 percent in a similar survey that Fannie Mae conducted last January.
These findings indicate the return of a more balanced and realistic approach to housing. This approach may weigh on the housing recovery in the near-term, but over time, it should help to build a stronger and healthier market focused on sustainable homeownership. fanniemae.com