Just released: 2019 Q4 Homeownership Opportunities and Market Experience (HOME) Survey
Across nearly all groups surveyed, the majority feel that now is a good time to buy a home.
Those in the Silent Generation (73%) and Younger Boomers (70%) are the most likely to think now is a good time to buy a home, as well as those in the Midwest (69%).
Seventy four percent of people believe that now is a good time to sell a home, which is the same from Q3 2019.
Those who earn $100,000 or more (82%), live in the West (81%), and own their home are most likely to think that now is a good time to sell a home.
Overall, opinions haven’t changed much, with 63 percent of all respondents saying now is a good time to buy a home (at the same level as last quarter). Respondents were even more bullish on selling, with 74 percent of those polled saying that now is a good time to sell (also unchanged from Q3). Fifty-two percent of people believe the U.S. economy is improving, also a number that has not changed since Q3.