Certified Forensic Loan Auditors, LLC

 
  Upcoming Classes

Search CFLA's Article Archive:

Consumers more positive about housing market, says Fannie

mpamag.com | June 10, 2015

By Ryan Smith

Consumer attitudes about the housing market are on the upswing, according to new data from Fannie Mae.

The results of Fannie’s May 2015 National Housing Survey show consumers are becoming more positive about the housing market as average hourly earnings accelerate and personal income growth firms up. The share of survey respondents who believe it’s a good time to sell a home reached an all-time high last month, and those saying they’d prefer to buy rather than rent on their next move jumped three points to 65%.

“Things are looking up for housing,” said Doug Duncan, senior vice president and chief economist at Fannie Mae. “Those saying it is a good time to sell a house hit a survey high of 49%. Alsoo, the percentage of consumers telling us their household income is significantly higher than 12 months ago grew six percentage points to 28% over the last two months. we have found that these two indicators – good time to sell and income growth – are key drivers for the performance of the housing market and play an important role in our soon-to-be-released Home Purchase Sentiment Index. The increase in these indicators suggests our forecast of moderate improvement in the housing market in 2015 is on course and mirrors the near-term performance of other leading market data, including mortgage applications and pending home sales.”

The survey also found that the share of consumers who think mortgage rates will go up in the next 12 months fell to 47%, while the share who think it’s a good time to buy a house rose to 66%. The share who say they’d buy if they were going to move rose to 66%, while the share who say they would rent fell to 27%.

 

Back to June 2015 Archive

 

CFLA was founded by the Nation's Leading Foreclosure Defense Attorneys back in 2007 to serve the Foreclosure Defense Industry and fight pervasive Bank Fraud. Since opening our virtual doors, CFLA has rapidly expanded to become the premier online legal destination for small businesses and consumers. But as the company continues to grow, we're careful to hold true to our original vision. For us, putting the law within reach of millions of people is more than just a novel idea—it's the founding principle, just ask Andrew P. Lehman, J.D.. With convenient locations in Houston and Los Angeles, you can contact Our National Account Specialist and General Manager / Member Damion W. Emholtz at 888-758-2352 for a free Mortgage Fraud Analysis or to obtain samples of work product, including cutting edge Bloomberg Securitization Audits, Litigation Support, Quiet Title Packages, and for more information about our Nationally Accredited and U.S. Department of Education Approved "Mortgage Securitization Analyst Training Certification" Classes (3 days) 24 hours for approved CLE & MCLE Credit (Now Available Online).

SEE BELOW- http://www.certifiedforensicloanauditors.com

Call us toll free at 888-758-2352

Bookmark and Share
spacer
Facebook Like us on Facebook
Twitter Follow us on Twitter
YouTube View our YouTube Videos
LinkedIn Connect to us on Linkedin
 
BBB Logo

 

spacer

Contact us or view our Sample Documents & Audits by completing the form below.

  • Reload
  • Should be Empty:



 

DVD Sets Only $99

 

FREE Mortgage Fraud Analysis

 

Order Cutting-Edge Services Now

 

Quiet Title Packages from Licensed Attorneys

 

Affiliate Services

 

CFLA Sponsored Attorney Links

 

Take-Home Education Package