---
title: Latest Fannie Mae Survey Shows Purchase Pessimism at New Peak
description: According to Fannie Mae’s July Home Purchase Sentiment Index (HPSI), consumer pessimism towards buying a home is at a new high.
---

[Discover Appraisal and Valuation Management News ](https://www.globaldms.com/blog)

# [Latest Fannie Mae Survey Shows Purchase Pessimism at New Peak](https://www.globaldms.com/blog/latest-fannie-mae-survey-shows-purchase-pessimism-at-new-peak)

 Written by [Zach Bodack](https://www.globaldms.com/blog/author/zach-bodack) | Tue, Aug 31, 2021

According to Fannie Mae’s July Home Purchase Sentiment Index (HPSI), consumer pessimism towards buying a home is at a new high, as low inventory and elevated home prices continue to push more and more Americans away from attempting to purchase a house.

The GSE’s survey reported that 66% of respondents feel it’s currently a bad time to buy a home (up 2% from June), while 75% believe that now is a good time to sell a home.

The housing market may be feeling this trend, as a recent realtor.com® [report](https://www.realtor.com/research/july-2021-data/) found that the U.S. median listing price continued to moderate in July, with the data attributing this moderation to the increase in lower-priced homes for sale – as new listing grew on a yearly basis for the 4th consecutive month.

For more information, including additional survey metrics, check out Fannie Mae’s [July HPSI Report](https://www.fanniemae.com/media/40611/display).

**Sources:**  
Fannie Mae – [fanniemae.com](https://www.fanniemae.com/)  
realtor.com – [realtor.com](https://www.realtor.com/)  
DS News – [dsnews.com](https://dsnews.com/)

 

| **EVO’s MARS® Simplifies Appraisal Reviews** Are you concerned with how complex real estate appraisal reviews have become? Global DMS’ MARS, a standard component of our EVO™ appraisal management software, essentially eliminates these concerns by automating your appraisal reviews – expediting a once grueling task and further ensuring compliance. MARS quickly analyzes an appraisal for completeness, consistency, and compliance with all GSE guidelines, USPAP, UAD, and industry best-practice, providing accurate reviews in seconds. MARS also significantly reduces review times by instantly directing reviewers to the areas of the appraisal the need their attention most, providing clear directives on a resolution. <https://www.globaldms.com/blog/evos-intuitive-automation-simplifies-appraisal-reviews> |
| --- |

[View full post](https://www.globaldms.com/blog/latest-fannie-mae-survey-shows-purchase-pessimism-at-new-peak)

```json
{
  "@context" : "http://schema.org",
  "@type" : "BlogPosting",
  "author" : {
    "@type" : "Person",
    "name" : "Zach Bodack"
  },
  "dateModified" : "2021-08-31T12:56:57.469Z",
  "datePublished" : "2021-08-31T12:56:57Z",
  "headline" : "Latest Fannie Mae Survey Shows Purchase Pessimism at New Peak",
  "image" : {
    "@type" : "ImageObject",
    "height" : 344,
    "url" : "https://f.hubspotusercontent30.net/hubfs/139031/blog_images_only/ThinkstockPhotos-502211856.jpg",
    "width" : 502
  },
  "mainEntityOfPage" : "https://www.globaldms.com/blog/latest-fannie-mae-survey-shows-purchase-pessimism-at-new-peak",
  "publisher" : {
    "@type" : "Organization",
    "logo" : {
      "@type" : "ImageObject",
      "height" : 60.0,
      "url" : "https://f.hubspotusercontent30.net/hubfs/139031/Global-DMS-Logo-Valuation-Management-Software-1.png",
      "width" : 219.34427
    },
    "name" : "Blog"
  }
}
```