The Fannie Mae Home Purchase Sentiment Index increased by 3.3 points in March but was still 11.9 points lower than a year ago.
Just 20% of respondents indicate that it is a good time to buy a home, according to Fannie Mae.
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Consumers have become slightly less wary about buying a home, but their confidence levels remain close to historic lows. So reports Realtor.com.
The Fannie Mae Home Purchase Sentiment Index increased by 3.3 points in March but was still 11.9 points lower than a year ago.
Just 20% of respondents indicate that it is a good time to buy a home, according to Fannie Mae.