Renter optimism raises housing market confidence

Overall Housing Confidence Up on Rising Renter Optimism PR Newswire WASHINGTON, Oct. 9, 2017 WASHINGTON, Oct. 9, 2017 /PRNewswire/ — The fannie mae home purchase Sentiment Index (HPSI.

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Consumer Optimism Toward Housing Continues Gradual Climb Amid Easing Employment Concerns – WASHINGTON, May 7, 2014 /PRNewswire/ — Americans’ outlook toward the housing market continued to improve in April, perhaps foreshadowing an increase in housing. and overall consumer confidence..

"This really is going to ripple through the whole housing market system." The strain being felt by owners of project-based rental-assisted properties. the shutdown could erode investor and lender.

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Overall Housing Confidence Up on Rising Renter Optimism According to Fannie Mae HPSI Report. "The biggest driver for the increase in the HPSI is the rebound in the good time to buy sentiment, which outweighed the largest drag-a sizable reduction in the net share of consumers expecting home.

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Renter respondents, in particular, buoyed the net good time to buy component, showing a substantial upward change in optimism in September. The net share who reported that now is a good time to sell a home rose 2 percentage points in September and is now up 23 percentage points compared to the same period last year.

The case for optimism in 2011 on the U.S. housing market gained momentum with the latest National Association of Realtors monthly sales report, showing that home sales rose for the fifth time in six months. With pent-up demand, near record low mortgage rates and lower home prices the housing market.

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Overall Housing Confidence Up on Rising Renter Optimism – Overall Housing Confidence Up on Rising Renter Optimism. forward-looking expectations of housing market conditions and complements existing data sources to inform housing-related analysis and.

 · Most renters are not ready (or willing) to buy. “With a stronger economy and labor market, it’s critical to increase housing starts for entry-level buyers or else many will face.

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“That’s an increase. will impact the market. “It’s a comforting idea in a quickly cooling housing market that there is significant structural, long-term demand moving into homebuying,” Zillow.

So it was a little bit more than surprising to see a sudden burst of optimism among potential homebuyers in a monthly sentiment survey from Fannie Mae. Housing confidence rose in September to match the all-time high set in June. The main driver: a big jump in the share of current renters surveyed saying now is a good time to buy.

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