It was a good week for the economy. Housing values are climbing. The Dow Jones Industrial Average is up in record territory. And consumer confidence is at a five-year high. After a long recession and a slow recovery, that news clearly has political implications, but beware reading too much into […] Read more »
Middle-Aged Americans Most Worried About Finances
Middle-aged Americans are more likely than those younger and older to worry about personal financial issues. Within this broad middle-aged category, those aged 50 to 64 are either as likely as or more likely than those aged 30 to 49 to worry about most financial problems. [cont.] Frank Newport & […] Read more »
Americans’ Financial Worry Lowest Since Before Recession
Americans’ financial worry has eased to the lowest level since before the recession. Gallup classifies 53% of Americans as highly or moderately worried about their finances, down from a peak of 61% a year ago, and the lowest since 45% in 2007. … Retirement savings and paying medical costs in […] Read more »
American Dream of Owning Home Lives On, Even for Young
Americans’ dream of owning a home is alive and well, evidenced by the fact that most Americans own a home and plan to continue to do so (56%), or don’t own a home but plan on buying one in the next 10 years (25%). Eleven percent of Americans don’t own […] Read more »
Optimism About Home Prices Surges This Year
Fifty-one percent of Americans expect average home prices in their local area to increase over the next year, a sharp increase from last year and the first time it has been above 50% since 2007. [cont.] Jeffrey M. Jones, Gallup Read more »
Attitudes Transformed by Housing Crisis, Changes in Lifestyle
After decades of equating homeownership with the American Dream, post-housing crisis realism about the risks and rewards of owning a home have led to greater support for rental housing and a more balanced approach in national housing policy, according to a new survey of housing attitudes released today. [cont.] MacArthur […] Read more »