Americans Optimism Increases about Housing Market

Posted by Concierge on Monday, June 10th, 2013 at 3:23pm.

A survey just released from Fannie May states that Americans are now increasing in confidence that it is becoming a good time to buy and sell.  

Just one year ago only 16% of people thought it was a good time to sell.  One year later the number of people who think it’s the right time to sell is up to 40%.  This is the greatest increase in three years of the survey and shows confidence in the housing market growing rapidly.  Senior vice president and chief economist at Fannie Mae, Doug Duncan stated, "Sentiment toward selling a home appears to be catching up with the strengthening housing market."

Also currently 46% of Americans think they could easily get a mortgage to purchase a new home.  Also up from one year ago, is the percent of people who think it is a good time to buy which increased from 72% to 76%.  The fact that both are increasing shows that optimism is returning to the housing market in the United States.

If you are thinking about selling or buying a home contact one of our agents today.  We are in nearly every major city and provide the best service to help guide you through this process.  We have the best network of agents with professional and personal service.

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