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Stock impact report

Why Almost 90% Of American Consumers Think Now Is A Bad Time To Buy A Home [Yahoo! Finance]

Federal National Mortgage Association (FNMA) 
Company Research Source: Yahoo! Finance
According to the study, 86% of respondents thought now was a bad time to buy a house. This rate is up almost 7% from the previous month when 79% of respondents said it was a bad time to buy. Not only buyers but sellers are also disheartened by the housing market. The number of respondents who said now is a bad time to sell a house jumped from 64% in March to 67% in April. It's not hard to understand why Americans are feeling negative, but the number of respondents who don't expect things to improve is also concerning. A full 42% of respondents said they expect home prices to continue rising and mortgage rates to stay the same. This data suggests many Americans may be giving up on homeownership. Don't Miss: If there was a new fund backed by Jeff Bezos offering a 7-9% target yield with monthly dividends would you invest in it Warren Buffett once said, "If you don't find a way to make money while you sleep, you will work until you die." These high-yield real estate notes that p Show less Read more
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