Mortgage Credit Easiest in 3.5 Years, Consumer Attitudes Improve -Fannie Housing Survey by Elaine360

new_home_sale_soldFannie Mae said today that results of its December National Housing Survey show that the housing recovery is on firm footing and consumer housing sentiment has bounced back from an autumn dip.

Forty-nine percent of consumers expect that home prices will increase over the next 12 months where only 43 percent held such expectations in December 2012.  Among those who expect an increase, the average is a 3.2 percent rise in value compared to average expectations of 2.6 percent last year and 2.5 percent only one month earlier.

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Elaine                                                     
DRE #00598428
Senior Director, Coldwell Banker New Homes Division
With over 200 condominium, townhome and loft projects successfully marketed

“Fewer properties for sale with such remarkably low interest rates make it a great time to sell but a more difficult time to buy”

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