Industry NewsMarkets & Economy

Most Americans say economy first, then housing

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As the housing downturn spirals into its fifth year, most Americans, regardless of political affiliation, agree that measures to repair the economy should take precedence over policies to improve the housing market, according to a survey released today from real estate search and marketing site Trulia.Meanwhile, in a separate survey released this week by Yahoo! Real Estate, about half of respondents said the government should pass further legislation to help homeowners with troubled mortgages. Just over a quarter (27 percent) said current laws are sufficient, and the remainder gave no opinion. Market research firm Harris Interactive conducted its online survey for Trulia from Nov. 17-21, 2011, gathering responses from 2,028 U.S. adults. The vast majority of respondents -- 78 percent of Republicans and 82 percent of Democrats -- said lowering unemployment is an extremely or very important public policy goal, and increasing employment growth and lowering the federal budget deficit ...