High Prices, Short Supply Leads to Homebuyers’ Hesitancy

August 9, 2021 Christina Hughes Babb

A serious dearth of inventory and elevated real estate prices continue to make the prospect of home shopping and homebuying too daunting for a majority of Americans today, according to Fannie Mae's Home Purchase Sentiment Index (HPSI). In fact, consumers' pessimism toward homebuying conditions in July set a survey record. Of the six metrics measured ...

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