Monday, June 5, 2023 | The Latest Buzz for the Appraisal Industry

Consumers Still Seeing a Buyer’s Market -Survey

By Jann Swanson

Posted To: MND NewsWire

Normal 0 false false false EN-US X-NONE X-NONE After closing to its narrowest margin in survey history in October the gulf between people who think the current market it a good one for buyers and/or good for sellers widened appreciably in November. Fannie Mae said that 68 percent of respondents to its National Housing Survey last month viewed it as a good time to buy, up 3 percentage points from last month, while those who thought it a good time to sell fell 5 points to 39 percent. This and other results from the survey, Fannie Mae says, track closely with the uneven 2014 housing market trend which is improving but lagging the overall economy. The survey found Americans’ personal financial outlook has increased fairly steadily during the year, lending supported to the housing recovery…(read more)

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