Not a “good time to buy?” Tax changes might make opinions worse

By Jann Swanson | Mortgage News Daily

The idea that it is a good time to buy a home appears to be losing ground. The National Association of Realtors’® (NAR’s) new fourth quarter Housing Opportunities and Market Experience (HOME) survey appears to confirm a gradual erosion in this sentiment that Fannie Mae’s National Housing Survey has been reporting for months. Unlike Fannie’s monthly survey, however, the NAR also found that households are less confident about the economy and their personal finances.

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