Although more than half of Americans believe now is a good time to buy a home, many are cautious about entering the market, according to the National Association of Realtors.
According to the group’s Q3 HOME survey, 63% of Americans believe now is a good time to buy a home. Of these respondents, 34% say they strongly believe this to be a fact.
This reading, although promising, is still a decrease from last year’s percentage. During Q3 of 2018, a whopping 75% of respondents indicated the housing market’s purchasing conditions were favorable, even though mortgage rates then were higher than they are now.
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