Despite many signs of a housing recovery around the country, the most recent survey by Fannie Mae indicates that more Americans than ever aren't sold on the idea of owning a home.
"Only 60 percent of participants in Fannie Mae's most recent monthly national survey, released Tuesday, said they would buy a home if they were to move," reports Mary Ellen Podmodik. That figure is "down 5 percentage points from last month to an all-time low since the survey began in June 2010." On the flip side of that data, "the share of people who said it was a good time to sell a home reached a survey high of 46 percent."
The article includes some of the Fannie Mae research team's thoughts on why homeownership is still held in such low esteem and what it will take for the trend to reverse. More of that available at the press release from Fannie Mae announcing Fannie Mae's March 2015 National Housing Survey.
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