News Formal

Housing Market Alarm as Homebuyers 'Most Pessimistic' They Have Ever Been

  • 📰 Newsweek
  • ⏱ Reading Time:
  • 22 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 52%

Sverige Nyheter Nyheter

Sverige Senaste nytt,Sverige Rubriker

An overwhelming majority of Americans think now is a poor time to shop for a home.

The vast majority of Americans believe now is a bad time to buy a home, according to a new survey.The University of Michigan's consumer sentiment survey on attitudes toward buying conditions for houses showed that in October, 82 percent said it was not a good time to buy a house currently.

Although mortgage rates have been much higher at times in the past, more people are now feeling pessimistic about home purchases than ever before.'High nominal home prices are having a huge impact on deterring buyers from the market,' Gerli continued. 'People don't really care about marginal swings in mortgage rates. They also don't really care that their income has grown the last five years.

Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 468. in SE
 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.

Sverige Senaste nytt, Sverige Rubriker

Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.

Homebuyers Face Difficult Housing Market Under Trump PresidencyA second Trump's presidency is unlikely to offer much relief to Americans struggling with soaring home prices, low supply, and high mortgage rates, experts say.
Källa: Newsweek - 🏆 468. / 52 Läs mer »

Housing market hits highest inventory since 2019 as sellers flood the marketThe housing market is finally giving buyers some breathing room. After two years of skyrocketing prices and shrinking inventory, the number of homes on the market just hit its highest level since 2…
Källa: nypost - 🏆 91. / 67 Läs mer »