2018 Q1 Homeownership Opportunities and Market Experience (HOME) Survey

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Highlights

  • In the first quarter of 2018, 68 percent of people believe that now is a good time to buy a home.
  • Thirty-eight percent believe that strongly, a decrease from 43 percent in Q4 2017.
  • Seventy-four percent of people believe that now is a good time to sell a home, up from 71 percent in Q4 2017 and an increase from 56 percent in Q1 2016.
  • Forty-two percent believe that strongly.
  • Among non-owners, 47 percent cannot save for a downpayment because they have limited income, 30 percent because of their student loan debt.
  • If a household received an unexpected windfall of $5,000, 37 percent would put it in savings or invest it and 28 percent would pay bills.

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