Market Perspective

Good Vibes Only - Housing Sentiment Strengthens Ahead of Spring Buying Season [INFOGRAPHIC]


While economic growth is expected to slow in 2019, experts predict home sales will hold steady thanks to:[2]

Home Flipping Near Record Highs [6]

What’s driving the strong returns?

Today’s flippers are buying properties at a discount — typically distressed properties or those with substantial maintenance needs — and increasing property value through home improvements rather than relying solely on house price appreciation.[6]​

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Sources:

[1] Fannie Mae Home Purchase Sentiment Index® (HPSI), March 2019.

[2] Fannie Mae Economic and Strategic Research (ESR) Group, April 2019 Economic Outlook.

[3] U.S. Census Bureau, Monthly New Residential Sales, March 2019.

[4] National Association of Realtors® (NAR), Existing-Home Sales, March 2019.

[5] Ellie Mae® Origination Insight Report, March 2019.

[6] CoreLogic, a data and analytics company, Economic Observations, April 2019.

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