Home buyer sentiment is beginning to wane. According to Fannie Mae’s National Housing Survey, buyers believe this is the worst time to buy in years.
Is this a leading indicator that buyer demand is going to slow in the coming months? Likely, but only time will tell.
What does this mean for sellers?
- If you are thinking of listing…. DO IT NOW!
- Watch your pricing (especially during summer months when more buyers take a vacation and more listings hit the market). Pushing the very top end for list price could cost you days on market!
