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Fannie Mae Housing Survey, Survey: Buy Vs Rent or Move, Survey: Financial situation is getting better Vs getting worse or stay the same, Survey: Good time to Buy Vs Good time to sell, Survey: Home Mortgage Difficult Vs Easy, Survey: Household expenses is higher Vs lower or same, Survey: Mortgage rates Change Expectation, Survey: Rental Price Change Expextation, Surveys

Fannie Mae Housing Survey – February 2020

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Fannie Mae Housing Survey – February 2020

  • Average Home Price Change Expectation in next 12 months is 2.8% and the Average 12 Month Rental Price Change Expectation is 5.1%
  • Home Prices will go up in the next 12 months based on 47% responses. Home Rental Prices will go up in the next 12 months based on 60% responses. Mortgage rates will go up in next 12 months based on 38% responses
  • 59% of respondents say it is a good time to buy and 67% says it is a good time to sell. 59% says it is easy to get a mortgage today, 67% would rather buy than rent and 61% says that the economy is on the right track
  • There are 13% of respondents who are concerned about losing their job over next 12 months. 32% of respondents says that their income will be higher and 51% say their financial situation will get better over the next 12 months

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