April 26, 2024 12:30 pm
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Consumers bummed by politics, but still determined to buy homes

throw_bums_out2By Jonathan Smoke | realtor.com

Economists say that our presidential candidates deserve an F for addressing economic matters in a meaningful way. Judging by the latest consumer confidence data, most consumers agree.

The Conference Board reported this week that the Consumer Confidence Index declined 2.1 points in May. That’s the lowest level since November. Consumers had soured on the present situation, as well as expectations for the future. The Expectations Index is at its lowest level since February 2014.

Yet ironically, intentions to buy homes and automobiles have continued to increase.

Continued:

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Rose Law Group Reporter, which provides Dealmaker’s content and service, is contracted by Rose Law Group. Rose Law Group is a full service real estate and business Law Firm practicing in the areas of land use/entitlements, real estate transactions, real estate due diligence/project management, special districts, tax law, water law, business litigation, corporate formation, intellectual property, asset protection, data breach/privacy law, ADA compliance, estate planning, family law, cyber-law, online reputation and defamation, lobbying, energy and renewable energy, tax credits/financing, employment law, Native American law, equine law, DUIs, and medical marijuana, among others. The views expressed above are not necessarily those of Rose Law Group pc or its associates and are in no way legal advice. This blog should be used for informational purposes only. It does not create an attorney-client relationship with any reader and should not be construed as legal advice. If you need legal advice, please contact an attorney in your community who can assess the specifics of your situation.