A recent survey from the National Association of REALTORS® found that homeowners are increasingly positive about selling their home, but that non-homeowners are concerned about entering the market. Optimism that now is a good time to buy a home is at its lowest share, 68 percent, in two years and even further diminished among renters, at 55 percent. However, consumers are feeling more positive about the economy in general – 60 percent of those surveyed believe the economy is improving compared to 52 percent at the end of 2017.
Read NAR’s first quarter Housing Opportunities and Market Experience (HOME) survey for more information on consumer feelings on about the housing market. Speak with a renters in your area about what is keeping them from becoming homeowners. Ask a REALTOR® about the state of the real estate market in your community.