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Yet, dramatic revisions to Fannie Mae forecasts for 2025 signal more difficult mortgage conditions ahead
Sales optimism at a two-and-a-half-year peak reflects builders' belief that an administration change “will result in significant regulatory relief for the industry,” the NAHB Chair said.
74% of homeowners and renters struggle to afford monthly payments
Early homebuying activity has reached its highest level in year-and-a-half
Yet, the 15.5% of canceled purchase contracts was the highest cancellation rate in a year, reflecting the razor-thin affordability margins.
Redfin survey finds 22% of consumers are motivated to move, versus 21% who are less motivated post-election
