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February 8th, 2009

Market Trends survey results

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Our latest Weekly Market Trends survey is now complete, and the results are interesting.

We asked: How do you rate your optimism for the incoming Administration? Nearly 41% of those voting claimed to be “Not terribly optimistic,” compared to about 36% who are “Somewhat optimistic” and just 24% who seem to be “Very optimistic.

When we asked What do you think Obama’s priorities should be?, a whopping two-thirds voted for “Cut wasteful spending.” The economic stimulus package garnered 47%. (This was a multiple-choice question.)

Finally, we wanted you to tell us How long do you think the recession will last? The results were a pessimistic tie: 39.3% felt “It will last until 2010 ” and that it ”Could be two or three more years.”

You can see a graph of the results here.

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About the HSH Blog

HSH.com's daily blog focuses on the latest developments in the mortgage and housing markets. Our mission is to relate how changes in mortgage rates and housing policy, as well as the latest financial news, impacts consumers, homebuyers and industry insiders alike. Our 30-plus years of experience in the mortgage industry gives us an edge as we break down the latest changes in an ever-changing market.

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Tim Manni

Tim Manni is the Managing Editor of HSH.com and the author of their daily blog, which concentrates on the latest developments in the mortgage and housing markets.

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