Category Archives: Survey: Good time to Buy Vs Good time to sell

Fannie Mae Housing Survey – March 2020

Fannie Mae Housing Survey – March 2020

  • Average Home Price Change Expectation in next 12 months is 0.7% and the Average 12 Month Rental Price Change Expectation is 3.5%
  • Home Prices will go up in the next 12 months based on 39% responses. Home Rental Prices will go up in the next 12 months based on 52% responses. Mortgage rates will go up in next 12 months based on 39% responses
  • 56% of respondents say it is a good time to buy and 52% says it is a good time to sell. 56% says it is easy to get a mortgage today, 66% would rather buy than rent and 44% says that the economy is on the right track
  • There are 23% of respondents who are concerned about losing their job over next 12 months. 27% of respondents says that their income will be higher and 49% say their financial situation will get better over the next 12 months

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