Consumer Confidence Dips Amid Inflation and Job Concerns 

Lisa Mailhot  |  March 19, 2025

Buyers

Consumer Confidence Dips Amid Inflation and Job Concerns 

 

The University of Michigan's latest Surveys of Consumers shows a significant decline in consumer confidence, driven by rising inflation expectations and increasing unemployment fears. The report indicates that inflation could surge to 4.9% within the next year—the highest forecast since 2022. These economic conditions are essential for real estate stakeholders to monitor as they significantly affect market dynamics and buyer sentiment.

Political Affiliations and Economic Perceptions

The survey also highlights that confidence levels vary among political groups, with Republicans generally less concerned about the future compared to Democrats and Independents. This consensus across different political affiliations suggests a universal acknowledgment that the economic outlook has weakened since February, a factor that could influence consumer behavior and real estate decisions in diverse markets like Orange County.

 

Impact on Orange County Real Estate

In regions like Orange County, where the real estate market is influenced by both local and national economic indicators, understanding shifts in consumer sentiment is crucial. These insights help predict potential impacts on housing demand and price trends, guiding buyers and sellers to make informed decisions.

Bottomline

As we observe these shifts in consumer confidence and economic indicators, anyone considering real estate transactions in Orange County should seek expert advice and insights. At Whitestone Real Estate, we are dedicated to guiding our clients through the complexities of the market with up-to-date information and strategic advice. Connect with us today to navigate your real estate journey with confidence.

 

 

Reference: Carter, M. (2025, March 14). Inflation, job worries drive 'horrific' consumer confidence report. Inman.

RECENT BLOG POSTS

Rebound or Roadblock? What Rising Homebuilder Sentiment Means for the Housing Market

Homebuilder confidence is ticking upward as the Federal Reserve’s recent rate cuts offer a glimmer of hope for the housing market. Despite lingering challenges like ma… Read more

How New Lumber Costs Could Shape Orange County’s Housing Market

President Trump’s new tariffs on imported lumber, cabinets, and furniture are expected to raise homebuilding and renovation costs nationwide. This blog explores how th… Read more

More Home Sellers Are Testing the Market — But Are Orange County Buyers Still Holding Back?

Across the U.S., new listings are on the rise, yet many buyers remain cautious as mortgage rates hover above 6%. In Orange County, this national slowdown echoes local … Read more

Why More Homebuyers Are Walking Away in 2025

Home-purchase cancellations hit a record high this August, revealing a shift in buyer confidence and seller expectations. From inspection issues to changing financial … Read more

Mortgage Applications Dip as Interest Rates Rise Again

Mortgage applications in the U.S. dropped last week after interest rates increased for the first time in a month. According to the Mortgage Bankers Association (MBA), … Read more

July 2025 Home Prices Show Gains in Some Cities While Others Face Declines

National home values edged up slightly in July 2025, but the latest Case-Shiller report shows key Southern and Western metros experiencing price declines. While the No… Read more

Housing Costs Forcing Families Into Life-Changing Decisions

Housing costs continue to climb, leaving many Americans struggling to keep up. A new survey reveals that families are making tough sacrifices—from moving in with paren… Read more

A Record Breaking Buyer’s Market Is Creating New Opportunities

Summer 2025 marked the strongest buyer’s market in over a decade, with significantly more sellers than buyers across the U.S. While mortgage rates have dipped, afforda… Read more

U.S. Housing Starts Hit Lowest Point Since May

Housing starts across the U.S. fell in August, marking the lowest levels since May. Both single-family and multi-family construction declined, while permits also slowe… Read more

We are excited to assist you in finding your perfect home

Let's find a time that suits you best to chat about your goals, show you how we work, and figure out how we can help you the most