According to recent data from Fannie Mae’s National Housing Survey, consumers are increasingly convinced it’s a good time to sell a home versus buying one. They say affordability constraints continue to drive consumers’ perceptions of homebuying and home-selling conditions.
“As we near the end of the spring homebuying season, the latest HPSI results indicate that affordability hurdles, including high home prices and mortgage rates, remain top of mind for consumers, most of whom continue to tell us that it’s a bad time to buy a home but a good time to sell one…” Said Mark Palim, Fannie Mae Vice President and Deputy Chief Economist.
Click here to read the full report at FannieMae.com.
