An Article posted by Florida Realtors, reports that a Fannie Mae study found that just 17%, up from 14% last monty, feel its a good time to buy. Hardly numbers to excite anyone looking to sell, but it is a positive nonetheless.
I think we'll have to see 2 or 3 consecutive drops in Interest Rates before we see Consumer Confidence rise above 50% on this topic.
The other side of this equation are prices. How much will rate decreases effect prices and supply. I think the spike we saw during Covid has concerned buyers, including investors, and I think prices are will need to slow their growth or we'll continue to see few homes selling.
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