Fannie mae Respondent Survey for June 2015

Group 3 - June 2015

 

  • The average 12-month home price increase expectation is 2.6% and the average 12 month rental price increase expectation is at 4.2%
  • 63% of the share of respondents believe that it is the good time to buy now, 47% believe that home prices will go up and 59% of the share of respondents believe that home rental prices will go up  in the next 12 months
  •  50% mortgage rates will go up, 50% think it would be easy for them to get a home mortgage today and 64% say they would buy if they were going to move
  • 51% think that the economy is on the wrong track, 57% said their household expenses are about the same, 60% felt their household income is about the same and 47% expect their personal financial situation to get better in the next 12 months

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