61 percent of consumers surveyed said that now was a good time to sell (up from 55 percent in February)
53 percent of consumers surveyed said that now was a good time to buy (up from 48 percent in February)
So, what’s driving the improving consumer sentiment? According to Fannie Mae’s senior vice president and chief economist Doug Duncan, vaccines and the recent round of stimulus are playing a large role.
“The significant increase in the HPSI in March reflects consumer optimism toward the housing market and larger economy as vaccinations continue to roll out, a third round of stimulus checks was distributed, and this spring home buying season began—perhaps with even more intensity this year, since 2020’s spring homebuying season was limited by virus-related lockdowns,” Duncan said in a recent press release.
What does this mean for you? People are feeling better about the real estate market, both on the buyer and seller side—so if you’ve been thinking about buying or selling a home, now is a great time to make a move.
What Is Your Home Worth?
It might be worth more than you think! Find out now. It takes less than a minute.
Please fill in your address.
Just To Make Sure...
Is this your correct address?
Zip / Postal Code
Thinking Of Selling?
Please select from one of the choices.
What's your name?
Please fill in your name.
Nice Meeting You!
Where would you like your result sent?
Prefer That I Call You?
I can give you more context this way. (It's up to you.)
You're All Set!
I'll reach back out to you ASAP with your home's estimated value.