The Consumer Confidence Index keeps rising; up over 9 points for February to 70.8. Plus the Present Situation Index is also up from 38.8 in January to 45. The short term looks good too with an increase of the Expectaions Index of over 11 points to 88!
OK, so what’s it all mean? Buyers are back and ready to make deals. This is for the entire economy, and that includes real estate. So, this is yet another indicator that the housing market is growing stronger, month by month!