Good Time To Buy or Sell?

Posted by Denise Stewart on Friday, November 11th, 2016 at 10:17am.

It is a Good Time to be Buying or Selling a South Florida Condo

Additional findings from Fannie Mae’s HPSI October reading

31% of Americans say it is a good time to buy a house, a 2 percentage point month-over-month increase. Still, the share who says it is a good time to buy remains at an all-time survey low.
19% of Americans say it is a good time to sell, a 4 percentage point month-over-month increase and 1 percentage point away from an all-time survey high reached in July.
31% of Americans say that home prices will rise, a drop of 3 percentage points from the previous month.
45% of Americans believe that mortgage rates will drop over the next 12 months.
69% of Americans say they are not concerned with losing their job, a drop of 1 percentage point from September.
4% of Americans say their household income is significantly higher than it was a year ago, a drop of 8 percentage points to the lowest percentage in more than three years.