Late last month, Redfin released a
quarterly survey of homebuyer attitudes that included answers from almost 1,000
home shoppers in 19 cities...It appears buyers are frustrated by having to
bid against other buyers on homes, since inventory is low in some
markets. People are having to compete for properties and 70% of buyers
said they’d encountered multiple-bid scenarios. The survey ran from August
16-22.
· 32% believe now is a good time to sell, up from 13% during the first quarter
· 61% believe prices will increase, up from 32% during the first quarter
Interesting survey findings:
·
46% believe now is a good time to buy, down from 56% in the first
quarter· 32% believe now is a good time to sell, up from 13% during the first quarter
· 61% believe prices will increase, up from 32% during the first quarter
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