According to Bank of America's latest Homebuyer Insights Report, the estimated number of prospective buyers willing to wait for prices and/or mortgage rates to fall before purchasing a home is down from a whopping 85% recorded in June.
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Homebuyer Optimism Up, Yet Sits Historically Low
Despite a minuscule rise in home-purchase sentiment for the month of November, Fannie Mae’s survey finds near-record pessimism and predicts slow sales heading into 2023.
Read More »Housing Market Conditions Ideal for Fix-and-Flip Investors, Survey Finds
In a nationwide survey of real estate investors bidding on single-family residential properties offered for auction during the third quarter of 2015, online real estate marketplace Auction.com found that flipping is still the preferred strategy over hold-to-rent.
Read More »Housing Policy Adviser Addresses Market Conditions, GSE Reform, & Risk Sharing
Michael Stegman, President Obama’s top adviser on housing policy, recently addressed some of the mortgage industry's hot-button topics such as housing market recovery, homeownership support for struggling buyers, GSE reform, and risk sharing.
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