Consumers positive about housing market’s future

During the course of 2013, the average consumer expects home prices to appreciate by at least 1.7 percent.As the national housing market continues to build momentum, a greater number of Americans are feeling more confident in the real estate industry's future.During the course of 2013, the average consumer expects home prices to appreciate by at least 1.7 percent, according to a survey conducted by Fannie Mae. As a result of this expectation, roughly 23 percent of respondents felt it's a good time to sell property in November, marking a 5 percent increase from the previous month.”On the housing front, attitudes about the current selling environment continue to improve, with a significant increase in those saying it would be a good time to sell,” said Fannie Mae vice president and chief economist Doug Duncan.Although issues, such as the impending fiscal cliff, make the national housing market's future somewhat uncertain, Houston real estate is expected to thrive in the coming months.Houston's local economy is currently one of the strongest in the nation, and many experts believe a national economic shock won't derail its growth. Because the economy and housing market are so closely intertwined, this is a promising expectation for Houston homes.?? Real Estate News brought to you by 2M Realty, a true expert in the online real estate market.

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