Items Tagged with 'Home Purchase Sentiment Index'

ARTICLES

  • Americans have never felt better about buying a house than they do right now

    Fannie's housing sentiment index reaches all-time high
    In July, housing confidence increased 2.2 points as more Americans reported now is a good time to buy and sell, according to Fannie Mae’s latest Home Purchase Sentiment Index. Fannie Mae Senior Vice President and Chief Economist Doug Duncan said despite ongoing housing supply and affordability challenges, the HPSI reached a new high thanks to strong job confidence and favorable mortgage rate expectations.
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  • Fannie Mae: Americans say it's a bad time to buy a home

    Consumer attitudes about home buying fall to survey low
    Rising home prices were responsible for homebuyer sentiment declining in December, according to the latest data from Fannie Mae’s Home Purchase Sentiment Index. Fannie Mae Chief Economist Doug Duncan said consumer attitudes regarding whether it's a good time to buy a home fell to a survey low.
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  • This is how much purchasing power homebuyers lost this year

    Rising interest rates and mortgage payments could turn potential buyers away
    Home price growth and rate hikes have contributed to an uptick in monthly mortgage payments nationwide, leaving many prospective homebuyers speculating when it will be the right time to purchase a home. According to data collected from Redfin, purchasing power has dropped $29,750 in 2018.
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  • Fannie Mae: Homebuyer sentiment falls slightly in September

    The HPSI decreases 0.3 percentage points to 87.7
    Mortgage rates and household income contributed to a slight decrease in homebuyer sentiment, according to the latest data from by Fannie Mae’s Home Purchase Sentiment Index. Fannie Mae Senior Vice President and Chief Economist Doug Duncan said perceptions of high home prices and expectations for rising mortgage rates continue to weigh on potential homebuyers.
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  • Fannie Mae: Confidence in housing falls in February

    Reverses last month’s increase
    Americans’ confidence in housing fell slightly in February, reversing gains from the previous month, according to Fannie Mae. But while it reported an increase in job insecurity, an increased share also said their incomes are significantly higher than this time last year.
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  • Americans gain confidence in housing as home prices rise

    Increasing share saying now is a good time to buy
    Fannie Mae’s latest survey shows Americans continue to gain confidence in the housing market, not just despite, but even because of rising home prices. Over the past year, home prices have continued to rise, threatening affordability, and housing inventory is falling dangerously low. However, despite these setbacks, Americans continue to hold a positive view of the housing economy.
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  • Americans less confident in housing market as 2017 closes

    Those expecting rental price increases reaches record high
    Americans began to feel less confident in the housing economy as 2017 came to a close, reversing the increase in optimism from the previous month. Fannie Mae’s survey shows that as 2018 begins, the number of those expecting increases in rental prices hit an all-time high.
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  • Renters suddenly say now is great time to buy a home

    Less Americans expect to see home prices rise
    Renter’s shift to saying "now" is a good time to buy a home is a significant change from August, when Americans agreed it was the right time to sell, but not to buy. Not only did renters show a jump in confidence in the buyers’ market, but many Americans also think the days of rapidly increasing home prices may have reached an end.
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