Consumers Have High Expectations for Housing Market
OtherConsumers are increasingly optimistic about the direction of home prices, which could offer up enough incentive for those who have been waiting out the market to put their homes up for sale this year, according to Fannie Mae’s December National Housing Survey results. Consumers expect home prices to rise 2.6 percent in the next year — the highest level since Fannie started conducting the survey in 2010. “The highest share of consumers in the survey’s two-and-a-half year history expect home prices to increase in the next 12 months,” says Doug […]