It’s a good time to own a home. Values are up, people want to buy, and homes are selling quickly. It’s the renters, though, that are struggling with confidence as they look to the future.
- Homeowner confidence in the housing market is increasing while renter confidence in buying and affordability goes down, Zillow says.
- The widest gap between owner/renter confidence is in San Francisco, where 71 percent of owners think it's a good time to sell and just 13 percent of renters think it's a good time to buy.
- Chicago has the smallest gap in differing feelings among owners and renters about the housing market.