Reprinted from Realtor Magazine, January 11, 2021
Americans are showing more angst about selling their homes, according to Fannie Mae’s latest Home Purchase Sentiment Index, which is based on a poll of 1,000 consumers. The drop in home selling sentiment, posted in December, came as consumers faced worsening COVID-19 infections across the U.S., says Doug Duncan, Fannie Mae’s senior vice president and chief economist. The index’s “good time to sell” and “good time to buy” components dropped “significantly” as respondents noted concern over economic conditions, he added.