Signs of Economic Optimism Persist in Housing Market

Signs of economic optimism persisted last week, particularly with respect to the housing market. REALTORS® are feeling more optimistic, buyers still want to buy, and rates remain very favorable. However, the recovery is running into headwinds that have increased uncertainty about the future with key fundamental indicators like jobless claims and consumer confidence both moving in the wrong direction.

To read about some of the encouraging news and new obstacles, click here.