By Fannie Mae. Surveyed consumers continue to express pessimism about homebuying conditions, with only 17% of respondents reporting it’s a good time to buy a home. Meanwhile, the percentage of consumers believing it’s a good time to sell has begun ticking downward in recent months, falling from 76% in May to 67% in July. Overall, […]
Tag: Housing Market
U.S. Housing Market Remains Highly Competitive Despite 53% Rise in Mortgage Costs
Zillow. There are signs a market rebalancing could be around the corner, but for now, the market is moving at record speed U.S. home values continue to grow at a record pace, up 20.9% in the past year. The combination of rising prices and a spike in mortgage rates means the monthly mortgage payment on […]