Only 21% say it is a good time to buy a house, lowest in Gallup’s trend Only 21% say it is a good time to buy a house, lowest in Gallup’s trend - Talk of The Villages Florida

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

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Old 05-16-2023, 03:27 PM
Rainger99 Rainger99 is offline
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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
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Old 05-16-2023, 06:26 PM
Bjeanj Bjeanj is offline
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Not surprising, given interest rates. Would think cash buyers would be ok. I wonder how many people get a mortgage?
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Old 05-16-2023, 06:47 PM
manaboutown manaboutown is offline
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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
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Old 05-16-2023, 07:24 PM
BrianL99 BrianL99 is offline
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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.
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