Good time to sell or buy? Good time to be flexible

Fannie Mae's client sentiment index might help your clients make some decisions
  • Fannie Mae'd November HPSI fell by 2.4 points to 80.8, back to the March 2015 HPSI level.
  • Housing affordability was cited as the main index component that contributed to the decrease.
  • This indicates buyers might be more flexible about what's on their wish lists.

Fannie Mae released its Home Purchase Sentiment Index (HPSI) last week. And not surprisingly, the November HPSI fell by 2.4 points to 80.8, back to the March 2015 HPSI level. Housing affordability was cited as the main index component that contributed to the decrease.