General World News

Homebuyers are extremely pessimistic about the housing market

Despite continued home price appreciation and a volatile mortgage rate environment that has resulted in the least affordable housing market in decades, there remains a minority of consumers who still feel that now is a good time to buy a home.

According to Fannie Mae‘s latest Home Purchase Sentiment Index, 19% of consumers feel that now is a good time to buy a home. In August, 22% of consumers said it was a good time to buy. The housing market index fell 1.2 points details ⇒

BusinessMediaguide.Com portal received this content from this noted web source: HousingWire.Com