• Confidence in Housing Slightly Wilts

    4 monthes ago - By RIS Media

    The confidence consumers have in housing is slightly wilting, as homebuyers are immobilized by sparse supply, according to the Fannie Mae Home Purchase Sentiment Index® for June. At 90.7, the Index flattened 1.6 percentage points month-over-month, but remains up by 2.4 percentage points year-over-year.
    Twenty-eight percent of homebuyers are optimistic about purchasing-no change from May-and 47 percent of homeowners are optimistic about selling, up 1 percentage point to a record, the HPSI shows.
    “After several years of steadily climbing, HPSI's slowing upward trend suggests the Index may be...
    Read more ...