By Jann Swanson
Posted To: MND NewsWire
If data from Fannie Mae’s March National Housing Survey is any indication, consumers seem to have grown a bit uneasy as many of the positive responses given to survey questions in February deteriorated in March. As Fannie Mae put it, “Consumer attitudes toward housing appear to have stalled somewhat amid a recent dip in confidence regarding personal finances and income growth.” Survey respondents who felt the economy was on the right track hit an all-time survey high in February only to drop four points to 43 percent in March. Responses that the economy was on the wrong track rose three points to 48 percent. The share of those who expect their financial situation to improve over the next 12 months fell to 41 percent from 44 percent while those who think it will get worse rose three points to…(read more)




