Homebuyers feel ready and willing to buy, but not financially able
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Surveyed consumers are more optimistic about their future financial condition in the first quarter of 2012 than in the prior quarter, according to the University of Michigan Index of Consumer Sentiment. While most surveyed anticipated rosier financial conditions on the horizon, sentiment was still significantly lower than in the pre-recession years. Consumers were more optimistic about homebuying conditions in the first quarter compared to the prior quarter. Perceived homebuying conditions remained high by historic standards.
The rest of this content is only available to first tuesday Members. If you are a current first tuesday Member, please login above. To sign up, visit firsttuesday.us! is the writing staff comprised of legal editor Fred Crane, In-House Broker Consultant Fernando Nunez and writer-editors Connor P. Wallmark, Giang Hoang-Burdette, Jeffery Marino, Carrie B. Reyes, Sarah Cantino, Matthew Taylor and Matthew Shade.End of free preview
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![BuyerPurchasingPowerAnnualPerChange[2]](http://firsttuesdayjournal.com/wp-content/uploads/BuyerPurchasingPowerAnnualPerChange2-106x75.jpg)
I thouroughly enjoy your newsletters and articles. I know that you are an asset for my future endeavers.
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Your article lumped all Buyers into the “employed” category, which is not really homogenous. What is happening with the self-employed category? My impression from a couple of years ago, was that Lenders were extremely gunshy about lending to small business men & women. Are there any fresh related data?
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