Monday, May 6, 2024 | The Latest Buzz for the Appraisal Industry

Fannie Mae Finds Pessimistic Consumer Sentiments Reflected in Flat Housing Trends

Fannie Mae’s Home Purchase Sentiment Index (HPSI) decreased 0.8 points to 74.7 in November, as consumers expressed not only disparate views of homebuying and home-selling conditions but also their greatest economic pessimism in 10 years.

Overall, four of the index’s six components decreased month over month. In November, 74% of respondents reported that it’s a good time to sell a home, compared to the 29% of consumers who reported that it’s a good time

This post was originally published on this site

Karen Connolly

Going to Extremes

Does the cost of homeowners insurance affect the price of a home? In some markets, the answer is increasingly yes. In recent years, insurance companies

Read More »

TOP RATED PRODUCTS

5/5