Poll: How secure are Americans when it comes to their housing situation?

Written by Posted On Saturday, 07 June 2014 09:20

This article originally appeared at the Hallmark Abstract Service website here.

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While the majority of Americans polled are very stable and secure when it comes to their housing situation, 44% are not!

The poll results below came from a survey that was conducted on behalf of the MacArthur Foundation designed to ‘develop a deeper understanding of the experiences, attitudes, and perceptions about housing, particularly of people living in tenuous housing situations.’

In other words the purpose of the study was to determine if the housing crisis is indeed over or is still looming large in the minds of many Americans.

And while we cannot verify whether the study was conducted in a purely unbiased way in terms of the way in which the data was collected, the findings are quite interesting none-the-less:

How Housing Matters: 
The Housing Crisis Continues to Loom Large in the Experiences and Attitudes of the American Public

1. The concerns and challenges related to affordable quality housing are
real and tangible for many Americans. Most recognize that many
people in their own communities face serious housing challenges; in
fact, many have had to make sacrifices themselves in recent years to
maintain their housing.
2. This survey brings to light the different perspectives and life
experiences of those who are on fairly solid footing with their housing
as compared with those who are not. The survey tells a story of very
different realities in terms of tradeoffs that some people must make
and the worries and concerns that go along with those tradeoffs.
People living in tenuous housing situations:
• Identify finding quality affordable housing as a challenging endeavor at
high rates, especially true among renters;
• Have had to make tradeoffs to ensure that they can cover their rent or
mortgage payments at much higher rates than their more stable
counterparts have;
• Worry about housing and financial concerns at much higher rates than
those who do not find themselves in a challenging housing situation.
3. While economists and housing experts say that the housing crisis is
behind us, large proportions of the American people are not feeling
the relief. Very high proportions of the public continue to believe that
we are still in the midst of the housing crisis or that the worst is yet to
4. Some indicators suggest that the American public’s views about the
housing crisis are shifting slightly toward the positive. For example,
we see an uptick in the proportion of the public who believe that the
housing crisis is behind us and a decrease in the proportion who
characterize the housing market as a serious problem.
However, even with these shifts, concerns about housing continue to
outweigh optimism, and the public has a real sense that affordable
housing is a challenge for many Americans.

Some of the MacArthur Foundation findings in chart form



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Michael Haltman

Hallmark Abstract Service provides title insurance for both residential and commercial real estate transactions in New York State.

Hallmark Abstract President Michael Haltman is also extremely involved with the combat veterans 501(c)(3) Heroes To Heroes Foundation, serving as the Board Chair.

Hallmark Abstract Service

In 2008 we opened our doors focused on two primary goals:

Number one was to be a title insurance company that would provide clients with a superior finished product that completely protects their interests for what will likely be one of the largest transactions of their lifetime.

Number two was to insure that the experience of working with Hallmark Abstract Service was as easy and seamless as possible for all parties involved in the transaction!

From the number of satisfied clients who come back to Hallmark Abstract Service time after time for their title insurance needs, the evidence bears out that we have accomplished these two goals in the past and will maintain our client centric focus far into the future!

Michael Haltman

Post 1984 MBA in Finance from the State University of New York at Albany that concentrated on the tax-exempt market, Michael became a municipal bond analyst at Shearson/Lehman Brothers tasked with following general obligation issuers on the city and state level as well as housing bonds secured by mortgage pools.

This experience at Shearson/Lehman Brothers followed by stints at PaineWebber and Citigroup provided a broad framework and understanding of the real estate and mortgage markets.

As CEO of Exeter Commercial which underwrote and funded commercial mortgage loans as a correspondent lender, title insurance played a critical role in both the underwriting and closing process.

In 2008 recognizing both an opportunity and need, Hallmark Abstract Service was born.


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