There are a few common reasons people decide to buy a house. Things like getting married, starting a family, or a new job are regularly cited by recent home buyers as the reason they decided to buy. Feeling financially secure isn’t typically mentioned but it sure doesn’t hurt. That’s why the results of the Federal Reserve Bank of New York’s June 2025 Survey of Consumer Expectations are encouraging. The survey found Americans are generally feeling more optimistic about their finances this year. In fact, compared to last year at this time, there are a smaller share of households expecting their financial situation to worsen in the next year and a growing share that expect to be in better shape. Respondents also say they expect better access to credit and fewer worries about losing their job. In other words, Americans are feeling more financially optimistic than they’ve been recently and – with home price increases slowing and mortgage rates expected to moderate – that could mean more buyers entering the market in the months ahead. (source)
