Fannie Mae has conducted the National
Housing Survey every month since 2011. Among its most prominent questions are
those relating to home buying and home selling: is it a good or a bad time to
do either one? Last month the net positive responses for the good time to buy
category fell into negative territory for the first time. The good time to sell question had plunged
into seriously negative territory
(-36 percent) in the spring of last year as
the pandemic hit, but this time it remained well above water. Sixty-seven
percent of respondents viewed this as a good time to sell versus 26 percent who
did not, a net positive of 41 percent, an 8 point gain from March and up 77
points from the disastrous results during the lockdown.

 

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