There have been some improvement in housing sentiment, but likely not enough to trigger any breakout improvements in housing market activity this year, according to Fannie Mae’s April 2015 National Housing Survey. The results show that the share of consumers who intend to own rather than rent their next home rebounded after a two-month slide. Meanwhile, home price growth expectations strengthened to the strongest pace since last October. Home price growth expectations continued their steady climb from late last year, while the share who believe this is a good time to buy a home decreased by four percentage points as consumer concerns regarding high home prices surged for a second consecutive month.
Fillmore Real Estate 2990 Av U, Bklyn , NY 11229 - Brooklyn, NY
Licensed Real Estate Associate Broker -
I think that most consumers are trying to pay down their outstanding credit card debt and student loans while trying to save money for a reasonable downpayment on a home. Even though there are progams where homebuyers can put down as little as 3.5% most would like to put down more hence a more managable monthly mortgage payment.
May 07, 2015 01:17 PM
Rainmaker
407,430
407,430
Graham Holmes - Yucaipa Homes Listing Agent
When Experience Matters
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