Latest Figures from Fannie Mae’s Home Purchase Sentiment Index

Naheed AmdaniNo CommentsUncategorized

Among all the other things that Fannie Mae does, it also maintains a Home Purchase Sentiment Index. Here’s what their latest figures show:

  1. Since March, the number of people who think home prices are going to up over the next 12 months has increased.
  2. Additionally, more people also seem to think that mortgage rates will go up over the next year.
  3. 11% of people state that their household income is significantly higher than it was a year ago.
  4. 15% of people say that right now is a great time to seller a home. This is the highest ever.
  5. Interestingly, 30% of buyers say now is a good time to buy. While that seems high compared to the sellers in number 4 above, it’s actually the lowest it’s ever been.
  6. 74% of people state they are not concerned with losing their job.