The Universtity of Michigan has released their latest Survey of Consumers. They find that consumers think that the conditions for selling a home is the highest since 2007.
What is the reasons that consumers feel this way? It is likely the scant inventory of for-sale dwelling coupled with rising home prices.
And/or it could be the fear that The Fed will raise interest rates.
Yes, fear of rate hikes and possible declines in home prices stalk consumers.
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