Each month, Fannie Mae conducts a survey to gauge how Americans feel about the housing market. The survey asks participants whether they think now is a good time to buy or sell a house, whether they think home prices and mortgage rates will rise or fall, and whether or not they feel secure in their job and finances.
Is it A Good Time to Sell Your House?
In September, the Home Purchase Sentiment Index remained fairly steady. Americans continue to be optimistic about selling a home in today’s market, with 74 percent of respondents saying now is a good time to sell. Buying sentiment, however, fell from the month before. Doug Duncan, Fannie Mae’s senior vice president and chief economist, says home prices are the reason. “The survey’s story is also largely unchanged: Consumers feel it’s a bad time to buy a home but a good time to sell – and they continue to cite high home prices as the primary reason,” Duncan said. Click on the link for more information.
A1 Mortgage
Here at A1 Mortgage, we know how important it is to choose the right house for you and your companion. We have the responsibility to provide you with the best products and the highest level of customer service possible. With hundreds of loan programs available, we tailor a loan specific to your mortgage needs. So come get pre-approved and start shopping for your dream home by clicking here!