If the national mood is any indication, 2012 should be a better year for the housing market. That’s according to a new survey by Fannie Mae, conducted during the first three weeks of December. While in November, respondents said they expected their homes’ values to increase by only .2 percent, in December they predicted .8 percent. That’s not setting the world on fire, but it’s better than the declines of recent years. Fannie Mae chief economist Doug Duncan attributes the uptick in part to consumer relief at the resolution to the European debt crisis. For a more detailed look at the study, click here for the article.
