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Housing Attitudes Reverse Course in Fannie Mae Survey
Saturday, August 8, 2015
Negativity was pervasive in the results of Fannie Mae's July
National Housing Survey (NHS).
Respondents indicated falling expectations about the economy, housing,
and their own personal financial situation.
They did however feel that home prices would continue to rise - which could
be either positive or negative depending on the perspective - as well as interest
After climbing fairly steadily earlier in the year, July saw
a huge 7 percentage point drop in the percentage of respondents who believe now
is a good time to sell a house. Those who believe
it is a good time to buy dropped to 61 percent-an all-time survey low.
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