Mortgage News Daily revealed on Monday that, according to Fannie Mae’s National Housing Survey, the average consumer’s overall outlook on the real estate market was less positive in August than it was in July.
The survey revealed that many people feel it is neither a good time to buy, nor a good time to sell, a home.
The percentage of Americans who feel it is a good time to buy dropped from 67 to 64 percent over the month-long stretch, while the number who believe it is a good time to sell slipped from 43 to 38 percent.
Image via flickr/Philip Taylor PT
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