Why Battleground-State Housing Might Help Romney
BOSTON ( TheStreet) -- University of New Hampshire pollster Andy Smith thinks the U.S. housing crisis could soon help Mitt Romney find a new place to live -- the White House.
"I personally think the housing market has bottomed out, but the perception
The pollster thinks housing will "still
The National Association of Realtors reported recently that median prices for houses, condos, townhouses and co-ops hit $187,400 in August, up 9.5% from a year earlier. That's the biggest monthly increase since January 2006, as well as the sixth straight month of gains -- a string of "wins" not seen in more than six years."The housing market is steadily recovering," NAR Chief Economist Lawrence Yun said in releasing the latest data. Few Americans seem to have gotten the memo. Mortgage giant Fannie Mae reported this month that just 37% of 1,000 homeowners surveyed in September predicted that home prices will rise over the next 12 months. By contrast, 46% expect no change, while 11% think prices will actually fall further. Smith says such sentiments are good news for Republican Romney -- and bad news for incumbent Democratic President Barack Obama. "It doesn't really matter if
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