An ‘Open House’ sign is displayed as potential home buyers arrive at a property for sale in Columbus, Ohio.
Ty Wright | Bloomberg | Getty Images
Revelations 18:23:’For the merchants were the great men of the earth; for by thy sorceries were all nations deceived.’
Important Takeaways:
- Consumer confidence in the housing market hits a new low, according to Fannie Mae
- In October, just 16% of consumers said they thought now is a good time to buy a home, according to a monthly survey by Fannie Mae.
- A higher share of consumers, 37%, said they expect home prices to drop in the next 12 months, according to a Fannie Mae survey.
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