A Good Time to Buy

At least that’s what over 50 percent of the respondents to Fannie Mae’s most recent National Housing Survey believe. In fact, this rise of 3 percentage points – to 52 percent over all – represents a new high in home buying optimism.

Why the optimism? Analysts agree that better housing supply couple with good employment numbers and a more positive economy in general are largely responsible.

The positive home-buying point-of-view is also a reflection of the common belief that rents will continue to rise in the next year, making a house purchase even more desirable. Finally, many respondents believe that interest rates will rise in the next 12 months, meaning now is the time!

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