Sunday, April 20, 2025

Consumer Housing Sentiment at Lowest Level in Decade

Mon, 08 August 2022  |  housing 

Fannie Mae's Home Purchase Sentiment Index (HPSI) decreased 2.0 points in July to 62.8, its lowest level since 2011. Surveyed consumers continue to express pessimism about homebuying conditions. Only 17% of respondents say it's a good time to buy a home. The percentage of Americans who say home prices will go up or down in the next 12 months has decreased. The percentage who say it's a good time to buy a home has increased, but not at the same rate as those who think mortgage rates will go down. Home Purchase Sentiment Index (HPSI) distills consumer sentiment from Fannie Mae's National Hous... Read More

Households Expect Sharp Decline In Inflation

Mon, 08 August 2022  |  economy inflation 

Median one- and three-year-ahead inflation expectations both declined sharply in July, from 6.8 percent and 3.6 percent in June to 6.2 percent and 3.2 percent, respectively. Both decreases were broad-based across income groups, but largest among respondents with annual household incomes under $50,000 and respondents with no more than a high school education. Median five-year ahead inflation expectations, which have been elicited in the monthly SCE core survey on an ad-hoc basis since the beginning of this year, also declined to 2.3 percent from 2.8 percent in June. Expectations about year... Read More

HNW Investor Optimism Falls

Fri, 05 August 2022  |  investing 

According to the latest quarterly Investor Sentiment survey from UBS optimism among high-net-worth investors dipped to early-pandemic levels. The survey of over 2,800 investors and 1,100 business owners in 14 markets found that investors are saving for retirement and delaying big purchases.

Nearly three-quarters of investors are worried about making bad investment decisions and are holding cash. Despite this, they see long-term investment opportunities in energy security, smart mobility, and automation/robotics.

Iqbal Khan, President of UBS Europe, Middle East, an... Read More

Inflation Risk Tops Financial Concerns For Women

Fri, 05 August 2022  |  retirement women 

Inflation risk (73%) tops the list of women's financial concerns, ahead of illness or disability (71%), market volatility (70%), longevity (58%) and unemployment (43 percent ). 41% of women say they know how to avoid inflation risk.

The State of Women 2022 study examined women's financial risks and investment portfolios. All income levels showed low inflation preparedness. 44% of women with incomes above $200,000 know how to address inflation risk in their portfolios.

Jean Chatzky, HerMoney CEO and Alliance for Lifetime Income Fellow, says inflation protectio... Read More

Average Millennial Owes $117K

Thu, 28 July 2022  |  consumers debt 

Almost all (90%) of American millennials have experienced non-mortgage credit at one point or another, with 72% of millennials currently owing non-mortgage debt of $117,000 on average, according to a new report by Real Estate Witch, an online publication that provides expert real estate advice.

A survey of 1,000 millennials found that 67% had credit card debt. This makes it the most common type of debt among them. The average credit card debt amount is $5,349.

Student loan debt was next, with 48% of millennials reporting they had student loans and owed ... Read More

Will The Housing Bubble Burst?

Thu, 28 July 2022  |  housing 

Owning a home has been the focal point of the American Dream for over 100 years. Rising property prices in recent years have made it increasingly difficult for more Americans to realize that ambition. The ongoing increase in housing costs indicated a seller's market for homeowners. This implies that the lack of inventory, high prices, and rising interest rates might be challenging for anyone trying to buy or rent a property.

But is there relief in sight? Many prospective homeowners are wondering whether the housing bubble is about to pop like it did in 2008, plunging the U.S... Read More