Survey: Dems Lose Hope in Obama's Housing Fix

With wavering support from his own party, Obama faces a tough election in 2012.

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Support among Democrats for President Obama's approach to the housing crisis is waning, according to a new survey from real estate website Trulia.

Back in 2009, 10 percent of dems said they were "not at all confident" in Obama's ability to stabilize the housing market in the next year. Flash forward a few years and that figure has jumped to more than 30 percent.

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Unsurprisingly, the numbers are worse among Republicans with a whopping 87 percent questioning the president's policies on housing, up from 57 percent in 2009.

Overall, more than half of Americans—54 percent—say they've lost faith in the President's approach to the housing market meltdown.

Heading into an election year, almost two-thirds of those surveyed said the struggling housing market will hurt Obama's chances of reelection. With no significant improvement in sight for the housing market, the President has an uphill battle when it comes to winning a second term.

Read the whole report here.

What do you think? Will housing hurt President Obama's bid for a second term?

Twitter: @mmhandley

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