Up and Down

UP: 49% of those participating in the Fannie Mae National Housing Survey feel that it’s a good time to sell a home.  Forty-nine percent is a new high for the survey.

Another new high: the Job Opening and Labor Turnover Survey (JOLTS) shows that there were 5.4 million job openings in the U.S. at the end of April–the most since JOLTS began 15 years ago by the Bureau of Labor Statistics.

DOWN: Homes in foreclosure declined 20% since this time last year.  Also down is the likelihood that Greece’s proposal of debt restructure will be approved by creditors.  Even still, mortgage pricing is al the lowest since last October.