‘Consumers on both sides of the transaction appear to be feeling cautious about the housing market’: Fannie Mae

Home sellers are worried about the housing market, while many respondents feel concerned about their job security, according to a new report by Fannie Mae.Home sellers are worried about the housing market, while many respondents feel concerned about their job security, according to a new report by Fannie Mae.

Overall, 44% of consumers said it was a bad time to sell a home, which is up from 39% the previous month. A rising share of respondents surveyed by Fannie Mae said that they were concerned about losing their job in the next 12 months, that share rising from 18% in January to 24% in February. He expects home sales to be “subdued” in the coming months. Sales of existing homes have fallen for 12 months in a row, per the National Realtors Association. Existing homes make up the bulk of the real-estate market.

I don’t understand this economy - Can’t buy a house but can buy a auto & make a $1,000.00 Six year payment - Ford truck sales are up by 22% - Try to buy one under $68,000.00 - Restaurants sales are up by 7% - Cruise Lines & Hotel reservations are up - makes no sense

10% interest rate coming

United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Biden paints rosy picture of inflation, but pressure on consumers and small business owners persistsPresident Biden has spun a narrative that inflation is getting better and that wages are up. A look under the covers shows that inflation is still having a significant impact. POTUS worst administration ever Just bought nothing at my grocers and it was over $60. Where is the mainstream media that counts lies? Did they get overwhelmed after the first day of Joe's Administration? Seriously.
Source: FoxBusiness - 🏆 458. / 53 Read more »