Only 21% say it is a good time to buy a house, lowest in Gallup’s trend

Closed Thread
Thread Tools
  #1  
Old 05-16-2023, 03:27 PM
Rainger99 Rainger99 is online now
Platinum member
Join Date: Oct 2021
Posts: 1,614
Thanks: 1
Thanked 1,324 Times in 597 Posts
Default Only 21% say it is a good time to buy a house, lowest in Gallup’s trend

A new Gallup poll shows that most Americans do not believe it is a good time to buy a house. It should have some impact on the Villages.

Views of U.S. Housing Market Reach New Depths
  #2  
Old 05-16-2023, 06:26 PM
Bjeanj Bjeanj is offline
Soaring Eagle member
Join Date: Jan 2015
Location: Santiago
Posts: 2,127
Thanks: 113
Thanked 1,478 Times in 549 Posts
Default

Not surprising, given interest rates. Would think cash buyers would be ok. I wonder how many people get a mortgage?
__________________
Teach your daughter how to shoot, because a restraining order is just a piece of paper.
  #3  
Old 05-16-2023, 06:47 PM
manaboutown manaboutown is offline
Sage
Join Date: Aug 2009
Location: NJ, NM, SC, PA, DC, MD, VA, NY, CA, ID and finally FL.
Posts: 7,415
Thanks: 12,966
Thanked 4,624 Times in 1,765 Posts
Default

Many would-be sellers would have to give up their 3% mortgages and borrow at 6% to move so they are remaining where they are
__________________
"No one is more hated than he who speaks the truth." Plato

“To argue with a person who has renounced the use of reason is like administering medicine to the dead.” Thomas Paine
  #4  
Old 05-16-2023, 07:24 PM
BrianL99 BrianL99 is online now
Platinum member
Join Date: Dec 2021
Posts: 1,808
Thanks: 227
Thanked 2,046 Times in 731 Posts
Default

Quote:
Originally Posted by Rainger99 View Post
A new Gallup poll shows that most Americans do not believe it is a good time to buy a house. It should have some impact on the Villages.

Views of U.S. Housing Market Reach New Depths
Proof that it's a great time to buy a home.

91% of the home buyers in the USA last year, needed a mortgage to buy.

Which means it's a great time for those have cash or have the foresight to buy low now and re-finance when practical.
Closed Thread

Tags
house, good, time, buy, impact


You are viewing a new design of the TOTV site. Click here to revert to the old version.

All times are GMT -5. The time now is 04:41 AM.