Consumers say " Now is a Good Time to Sell"

Consumers Maintain Positive View
Toward Housing Market: In Fannie Mae’s latest housing survey, consumers maintained their expectation for growth in home and rent prices and also expressed more optimism toward the economy.

The January 2013 survey found 41 percent of consumers believe homes prices will rise in the next 12 months, down from 43 percent in December, but up from 30 percent a year ago. The percentage of consumers who were pessimistic about home prices and believe they will go down fell to a survey low of 10 percent. On average, consumers believe prices will rise 2.4 percent in the next 12 months, down from 2.6 percent in December, but up from 1.2 percent a year ago. As prices continue to climb, more consumers also said now is a good time to sell. Read more...