Get Ready to Buy a Home This Spring
“41% of Americans expect home prices to rise over the next 12 months…”
By Jeff Brown 02/12/13 – 12:36 PM EST
NEW YORK (TheStreet) — As we mentioned the other day, conditions are looking up for homeowners who want to sell. That implies, of course, that things must be good for buyers too.
In fact, a survey from Fannie Mae indicates that more and more potential buyers are getting ready to move off the sidelines. As people see reports of rising home prices they lose their worries, so prominent in the past few years, about buying a home that will fall in value. And, of course, when prices are rising, potential buyers want to move before prices go up even more.
Fannie Mae’s survey of 1,003 Americans found that 41% expect home prices to rise over the next 12 month, while only 10% expect prices to fall.
Posted on 03/13/2013 in home prices
