Reported 3 months ago
Consumers are increasingly optimistic about the housing market, with the Fannie Mae Home Purchase Sentiment Index reaching its highest level in over two years at 73.9. A significant 42% of respondents expect mortgage rates to decrease within the next 12 months, though only 19% believe it's a good time to buy a home. Despite concerns over high prices, 65% feel it is a favorable time to sell, and 39% anticipate home prices rising in the year ahead.
Source: YAHOO