Fannie Mae Housing Survey – October 2020
- Average Home Price Change Expectation in next 12 months is 0.5% higher and the Average 12 Month Rental Price Change Expectation is 3.2% higher
- Home Prices will go up in the next 12 months based on 40% responses. Home Rental Prices will go up in the next 12 months based on 46% responses. Mortgage rates will go up in next 12 months based on 32% responses
- 60% of respondents say it is a good time to buy and 59% says it is a good time to sell. 59% says it is easy to get a mortgage today, 69% would rather buy than rent and 39% says that the economy is on the right track
- There are 22% of respondents who are concerned about losing their job over next 12 months. 25% of respondents says that their income will be higher and 44% say their financial situation will get better over the next 12 months
5 Quick Ways to Connect immediately
- Send Direct Message on our Facebook page
- 24/7 Online Scheduling 15 minute phone call with Loan Officer
- SMS 925 268 0640
- Email: info@shiningstarfunding.com
- Toll Free Call 866 280 0020 (Between 09:00 am to 5 pm Monday to Friday)