Reported about 11 hours 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