Uncertainty among current homeowners and prospective buyers has reached a three-year high, with 60% unsure whether now is a good time to buy a home, compared to 48% two years ago, Bank of America reported.
Tag: Bank of America
BofA: 70% of Prospective Homebuyers Feel Renting Could Harm Their Financial Future
Many prospective homebuyers fear the long-term consequences of renting, including 70% who feel they’re not making a long-term investment in their future, and 72% who worry that rent increases could affect their finances, according to a new Bank of America report.