Americans see better climate for home sellers

houaing climateBy Jann Swanson | Mortgage News Daily

Probably the headline take-away from Fannie Mae’s June National Housing Survey was the more upbeat attitude of potential home sellers toward the housing market. The survey found the number of respondents who think this is a good time to sell a home at a survey high of 52 percent, up three percentage points from May, and the first time in the survey’s history it has passed 50 percent. Fannie Mae’s analysts said that continued strong job and income growth and a more favorable outlook on the selling climate might portend an uptick in the current housing supply. At the same time however those respondents who feel it is a good time to buy a house fell to 63 percent tying the all-time survey low.

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