Fannie Mae: Consumers never felt so poorly about home buying

(RECAP: Fewer consumers feel that now is a excellent time to buy than ever before, according to new survey results released Monday by Fannie Mae. Fannie’s latest Home Buy Sentiment Index, which reflects consumers’ current views and forward-looking expectations of housing market conditions, showed that the net share of Americans who say that now is a excellent time to buy a house fell 3 percentage points to 30%, reaching an all-time survey low. This month’s survey results come on the heels of the previous month’s survey, which showed consumers had less confidence in the housing market than they had for 18 months.)

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