Inventory Levels on the Rise as Sellers Gain Confidence
OtherForty percent of Americans say now is a good time to sell a home — up from 30 percent last month and 16 percent just one year ago, according to a new survey by Fannie Mae. Rising home prices are helping to boost sellers’ confidence. “Sentiment toward selling a home appears to be catching up with the strengthening housing market,” says Doug Duncan, chief economist at Fannie Mae. “This jump may foreshadow a gradual return to more normal levels of housing supply from their lows of recent months. In turn, […]