#RealEstateReport Strong Market Outlook Across All States

#RealEstateReport Strong Market Outlook Across All States

The seasonal uptick in market activity during spring and summer, the low interest rate environment, and recent initiatives such as the reduction in FHA mortgage insurance premium (by 0.5 percentage points) and down payment  requirements (from 5 percent to 3 percent) for GSE-backed loans are likely underpinning the higher confidence. The above map shows the REALTOR® Confidence Index-Six-Month-Outlook by state. An index above 50 indicates that more REALTOR® respondents had “strong” outlook compared to those who had “weak” outlook.  All states registered an index greater than 50.

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