Buyers’ Enthusiasm Drops

The National Association of Realtors says that 68 percent of consumers are positive about their ability to purchase a home, down from 72 percent during the last quarter of 2017. Renters feel even worse: only 55 percent say that now is a good time to buy, down from 60 percent previously.

On the other side of the equation, 74 percent of current homeowners say that now is a good time to buy, up from 69 percent.

Of course, should these current homebuyers actually decide now is a good time to sell – and buy – and put their homes on the market, this will certainly help the short supply of homes.

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