Consumers Remain Optimistic
About Real Estate
Americans’ outlook toward the housing market continued to improve in
April, perhaps foreshadowing an increase in housing activity in the
coming months, according to results from Fannie Mae’s April 2014
National Housing Survey. The share of respondents who believe now is
a good time to sell a home increased for the third consecutive month to
an all-time high of 42 percent, an encouraging sign since many potential
homebuyers will need to sell a home before entering the purchase
market. In addition, the share of respondents who say now is a good
time to buy a home remained steady at 69 percent following a gradual
climb since the beginning of the year.
Notably, although consumers remain generally split regarding their ability
to get a mortgage, fewer respondents are concerned about losing their
job – which may encourage potential homebuyers to enter the market.
Source: Fannie Mae National Housing Survey polled 1,000 Americans via live telephone interview to
assess their attitudes toward owning and renting a home, home and rental price changes,
homeownership distress, the economy, household finances, and overall consumer confidence. See
/www.fanniemae.com/portal/research-and-analysis/housing-survey.html for more information.
