As Consumer Confidence Builds, Goodyear Real Estate Gains
Growing Confidence Affects Goodyear Real Estate Scene
The attachment we build to the places where we live is an easy-to-understand human emotion. Almost everyone who has ever moved away from a family home has experienced a sense of loss that can be quite profound. But that’s only one of the emotional connections that come into play where real estate is involved.
Even though we tend to think of such important decisions as buying and selling Goodyear real estate in more hard-headed terms, a host of complicated human factors can play an important role.
One of them is becoming more prominent—and is likely to grow more so as we advance into Goodyear’s peak spring and summer real estate selling season. That is the hard-to-pin-down factor of general well-being: the nebulous—but real—sense of optimism or pessimism that is shared by the public at large.
It’s undeniable that when people feel good about the way things are going, they’re also more likely to feel confident in what the future will bring. Confidence breeds courage, security, self-assurance. When things seem to be going our way, we’re more likely to strike out in new directions.
The key word is “confident.” Social scientists do their best to get a handle on this murky shared human phenomenon by measuring “consumer confidence”—which seems to be an economic measure, but which has to be also aligned with the “right direction/wrong direction” polling that politicos track. In any event, when confidence rises, we’d expect that Goodyear real estate prospects will improve along with it.
The idea that emotion is a measurable part of real estate is confirmed by the quasi-governmental statisticians at Fannie Mae, who have institutionalized the idea with their Home Purchase Sentiment Index. (If “sentiment” isn’t an emotional measurement, what is?). And it’s up—way up! In February, the share of Americans who think it’s a good time to buy a house rose 11% to 40%—its highest point ever. And this month, by the end of last week, Bloomberg was reporting “consumer confidence” at its highest since 2000. The University of Michigan agreed, placing their “Current Economic Conditions” component at its highest since the same year.
As one who deals in the Goodyear real estate market every day, I can verify that when the general outlook turns positive, both buyers and sellers perk up—it’s palpable. It’s also true that the emotional component of real estate is a lot wider than consumer poll numbers measure. For example, there’s the feeling I get when I’m there to watch a client turn the front door key of their new Goodyear home!
I hope you’ll call as soon as your own Goodyear real estate plans begin to take shape. I’ll be able to help from the earliest stages on! Give me a call today and lets get started! Deborah Powers, Real Estate Broker, 480-297-6959 #debpowers #goodyearhomesforsale #arizonahomesforsale #goodyearhomeswithpools
Author:Deborah Powers Phone: 480-297-6959 Dated: March 22nd 2017 Views: 276 About Deborah: As a Relocation Specialist I assist people with finding the best location to suit their needs. Selec...
Goodyear Real Estate Market Taps Confidence GainsAs Consumer Confidenc
"Deborah is amazing. You can always count on her to follow through. She is very personable. I would not hesitate to use her again when buying or selling a home. Deb assisted my spouse and I in purchasing a short sale home. She is also our realtor for a home that we are about to list for sale."