Donna Yates, Move 2 North Georgia.net

Positive Housing Attitude but Normal Levels May Still be Years Away

 

Donna Yates Real Estate

Consumer confidence in the housing market has trended upward significantly during the recovery but continues to be less than needed to reutn to "normal" housing levels according to results from Fannie Mae's June 2014 National Housing Survey. 

 

On average, consumers' 12 month home price change expectation remained in positive territory in June at 2.4% but dipped slightly from the previous few months, likely in response to a lackluster housing picture in the first half of the year.

 

Many consumers believe mortgage rates will go up in the next year. Consumers appear positive overall but market indicators reflect a more subdued housing market, underscroing that the recovery continues but is not yet robust.  

 

Normal residential housing levels are not expected before the end of 2016.  Real Estate markets are local, contact me today to find out the latest on your home's value and what current market conditions are in our neighborhood.  

 

Thinking about selling?  

Don't delay - inventory is low which bodes well for sellers.

Call, Text or Email me and let's get started.  

 

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Donna Yates
Associate Broker, GRI
706-633-0644 Mobile
Serving North Georgia Metro and Mountains
RE/MAX Town and Country
706-515-7653 Office

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4 commentsDonna Yates Real Estate - serving • July 09 2014 06:13AM
Positive Housing Attitude but Normal Levels May Still be Years Away
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