You are here: Home | Buyers and Sellers Information | Americans Feel Wealthier, According to REALTOR® Mag:

Americans Feel Wealthier, According to REALTOR® Mag:

According to a recent artile from REALTOR® Magazine, Americans are feeling wealthier and more upbeat. Could this impact their decision to buy? See what they have to say below:

"Fannie Mae’s Home Purchase Sentiment Index zoomed to an all-time high in May as consumers get more upbeat about their paychecks and home selling. In May, the index reached a reading of 85.3, which follows an 18-month low reached in March.

 
Three of six components the index measures registered increases last month, led by a 7 percentage point increase in the number of consumers reporting significantly higher income than a year ago. Also, the number of consumers who expect home prices to increase over the next 12 months rose 5 percentage points. Consumers were also upbeat that mortgage rates would decrease over the next year as well."
 

You are here: Home | Buyers and Sellers Information | Americans Feel Wealthier, According to REALTOR® Mag: