Considering selling your home this winter? You’re in good company. According to Fannie Mae’s Home Purchase Sentiment Index™ (HPSI), the share of homeowners who believe now is a good time to list their homes for sale recently rose 4 percentage points to 8 percent. What’s more, 35 percent believe now is a good time to buy.
“Consumers ended the year on an improved note with regard to their income, job security, and overall economic outlook,” says Doug Duncan, senior vice president and chief economist at Fannie Mae. “This more positive consumer sentiment brought the HPSI up a few points, moving the index up for all of 2015.”
According to the Index, 85 percent feel secure in their employment situations, and 15 percent have a significantly higher income than the year prior.
Source: Fannie Mae
Published with permission from RISMedia.