Thursday, March 28, 2024 | The Latest Buzz for the Appraisal Industry

79 Percent of Fannie Mae HPSI Respondents Believe It’s a Bad Time to Purchase a Home

Fannie Mae reports that its Home Purchase Sentiment Index (HPSI) remained relatively flat in May, decreasing by only 0.3 points to 68.2 but inching nearer its 10-year- and pandemic-low of 63 from April 2020. Surveyed consumers continue to express concerns about housing affordability, with the Good Time to Buy indicator reaching a new survey low, as 79% of respondents reported that it’s a bad time to buy a home.

Additionally, 70% of respondents expect

This post was originally published on this site

Brent Bowen

Loosening The Knot

Something that I like to do is to research the etymology of various words. This is essential in understanding older/historical texts, so that you can

Read More »

TOP RATED PRODUCTS

5/5