Here are some numbers showing how favorable current conditions are, compared to even just a few years ago:
Now |
2013 |
2010 |
|
Gas per gallon (NY area) |
$1.99 |
$3.81 |
$2.73 |
Stock market (Dow Jones) |
17,893 |
14,776 |
11,578 |
Avg. 30-year fixed rate |
3.73% |
4.43% |
4.71% |
Consumer confidence rating |
92.6 |
76.2 |
63.4 |
Household income |
$53,891 |
$53,046 |
$49,276 |
Unemployment rate |
5.67% |
7.4% |
9.3% |
Foreclosures |
1,117,426 |
1,369 ,405 |
2,871,891 |