Urban Real Estate

Nationwide Survey Says: It's a Seller's Market

Nationwide Survey Says: It's a Seller's Market

For the first time in its history, Fannie Mae's Home Purchase Sentiment Index has indicated that Americans believe it's a better time to sell than to buy.

The number of Americans who felt it was a good time to buy fell 10 percent to 30 percent from February to March while those who say it's a good time to sell rose 9 percent to 31 percent. 

For those surveyed, 39 percent cited strong and rising home prices as their top reason why it's a seller's market. 

Read more at Chicago Agent Magazine here.