Homebuyer Sentiment Up in 2023
Homebuyer sentiment is up slightly for the second month in a row, according to a recent Fannie Mae national housing survey. Home buyer sentiment is up from an 11-year low, increasing 3.7 points to 61 points. If you're looking to buy a home in Huntsville, AL using this index and other info to time the market can give you the advantage in finding your perfect home.
I would expect these numbers to stay low and to rise slightly this year, but I don't know that that's absolutely a bad thing. The reason for that is you typically want to do the opposite of what everybody else is doing. Smart money is buying when other people are selling, smart money is selling what other people are buying. I think home buyer sentiment is…
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