By Jann Swanson | Mortgage News Daily
After moving along a nearly flat track for several years, consumer sentiment regarding whether “now” is a good time to buy a home started to rise and fall like the tides in late 2016. April saw increasing positives sentiment; the net share of those saying it was a good time gain 5 percentage points to 35 percent after rising and then falling by ten points in February and March.
The results of Fannie Mae’s National Housing Survey (NHS) also included a shift in the “good time to sell” sentiment, which has always lagged well behind the “buy” responses. Its net percentage began to increase in November and hit a survey high of 31 percent in March but it dropped five points in April.
