Fannie Mae’s National Housing Survey Results
Last week on April 6, Fannie Mae released results of the Fannie Mae National Housing Survey, a comprehensive research project that surveyed more than 3,000 consumers to assess their confidence in homeownership as an investment, the current state of their household finances, their views on the U.S. housing finance system, and their overall confidence in the economy.
The research shows that, despite the recent downturn in the housing sector, Americans continue to value homeownership and think about their homes in ways that go much deeper than the financial investment. The survey also found that the public strongly believes in the importance of upholding the financial commitment involved in buying and owning a home, even during these challenging times when home values have fallen.
According to Fannie Mae President and Chief Executive Officer Mike Williams, “We undertook this survey in order to better understand — and help our partners in the industry understand — the views of homeowners and renters across the country. We believe this window into consumer sentiment will help us better target our collective efforts to stabilize the housing market in the near-term, and provide support in the future.”
View the full survey results on fanniemae.com, click on: