The latest Fannie Mae National Housing Survey polled homeowners and renters – between June 2010 and July 2010 – to assess their confidence in homeownership as an investment, the current state of their household finances, views on the U.S. housing finance system, and overall confidence in the economy.
The Housing Survey was designed to gain a better understanding of current attitudes toward housing and any differences since the January 2010 survey. Our research helps inform the collective efforts of Fannie Mae and our partners to provide stability for the housing market.
The survey of nearly 3,400 Americans – including homeowners, mortgage borrowers, renters, underwater borrowers, and delinquent borrowers – shows that Americans have a mixed outlook for housing and homeownership. Overall, the findings indicate that Americans are embracing a more balanced and realistic approach to housing. Respondents are increasingly more confident in the health of the housing market and think it has reached bottom, as measured by expectations for home prices. They also said they are less willing to take on risk, showing instead a stronger preference for renting now and buying later.
On this Web page you will find a news release with highlights from the survey results, a fact sheet, a presentation with extensive information from the survey, and a podcast providing an audio synopsis of the survey results.