Oregon Consumer Confidience In Economy And Housing Is Soaring

Dated: 04/03/2017

Views: 213

Consumer Confidence in Economy & Housing is Soaring

Consumer Confidence in Economy & Housing is Soaring | MyKCM

The success of the housing market is strongly tied to the consumer’s confidence in the overall economy. For that reason, we believe 2017 will be a great year for real estate. Here is just a touch of the news coverage on the subject.

To view local area statistics here is a link to the information in Tualatin.  

HousingWire:

“Consumers’ faith in the housing market is stronger than it’s ever been before, according to a newly released survey from Fannie Mae.”

Bloomberg:

“Americans’ confidence continued to mount last week as the Bloomberg Consumer Comfort Index reached the highest point in a decade on more-upbeat assessments about the economy and buying climate.”

Yahoo Finance:

“Confidence continues to rise among America’s consumers…the latest consumer sentiment numbers from the University of Michigan showed that in March confidence rose again.”

MarketWatch:

“U.S. consumers are the most confident in the U.S. economy in 15 years, buoyed by the strongest job market since before the Great Recession. The survey of consumer confidence rose…according to the Conference Board, the private company that publishes the index. That’s the highest level since July 2001.”

Ivy Zelman, in her recent Z Report, probably best capsulized the reports:

"The results were incredibly strong and…offer one of the most positive consumer takes on housing since the recovery started.”

Latest Blog Posts

Portland Oregon Residential Real Estate Review May 2018

Portland Oregon Residential Real Estate Review April 2018May 2018 Residential Highlights New listings made some gainsthis May in the Portland metro area. At 4,665, new listings outpaced

Read More

Why Do Renters Move In The Portland Market Area

Why Do Renters Move? - How Affordable are Rentals?Ever wonder why renters move, or what the primary reason are causing renters to move from the home or apartment they are renting in

Read More

Investment Property 19712 SW 68th Ave Tualatin OR 97062

Tualatin Duplex - $350,000I found this duplex in an area of good Tualatin schools in an easy to rent area! The cost is reasonable and the finances pencil out nicely. See the Prospectus

Read More

Video Walk Thru And Price Opinion Of 16019 SW Hawk Ct Sherwood OR 97140

Link to the Listing for 16019 SW Hawk Ct Sherwood OR 97140Observations:Overall the home shows well and appears to be in overall good condition. The roof has had moss but does appear to have been

Read More