Eighty-six percent of US real estate agents think now is good time to sell home, up from 82% in Q1; 46% think it is good time to purchase home, down from 57%: Redfin
June 27, 2013
– Redfin Agents Expect More Modest Price Gains and Less Frustration for Homebuyers
Redfin (www.redfin.com), the technology-powered real estate brokerage, today released its latest survey of real estate agents. Data was collected from June 21 through June 25, and reflects responses from 380 Redfin real estate agents in 22 major metropolitan markets across the U.S.
The Redfin Real-Time Agent Sentiment Survey is part of an ongoing series that also includes surveys of homebuyers and sellers.
Real estate agents surveyed by Redfin:
"There has been a recent softening of the market," explained Redfin Agent Mark Biggins. "Inventory has begun to increase steadily, while buyers are becoming fatigued and dropping out. The buyers that are active have more homes to choose from and this is spreading out demand, reducing the number of offers any given house will receive."
About the Q2 2013 Redfin Real-Time Agent Sentiment Survey
For four days in June (June 21 through 25, 2013), we surveyed 380 Redfin agents around the country. Respondents spanned 23 metropolitan markets in the U.S.: Atlanta, Austin, Baltimore, Boston, Charlotte, Chicago, Dallas, Denver, Houston, Las Vegas, Los Angeles/Orange County/Riverside/San Bernardino, Miami, New York, Philadelphia, Phoenix, Portland, Raleigh, Sacramento, San Diego, San Francisco, Seattle, and Washington DC.
Click here to view full report, including charts and graphs. Additional data is also available by contacting firstname.lastname@example.org.
Redfin (www.redfin.com) is a technology-powered real estate broker that represents people buying and selling homes. Founded and run by technologists, Redfin has a team of experienced, full-service real estate agents who are advocates, not sales-people, earning customer-satisfaction bonuses, not commissions. Redfin's online tools feature all the broker-listed homes for sale, as well as for-sale-by-owner properties that don't pay brokers a commission. The company serves 22 U.S. markets and has closed more than $8 billion in home sales. In 2012, Redfin was named one of The DIGITAL 100: World's Most Valuable Private Tech Companies by Business Insider. Follow us on our blog (blog.redfin.com), Twitter (@redfin), and Facebook (facebook.com/redfin), Redfin Collections (www.redfin.com/collections), and on our mobile apps (www.redfin.com/mobile).
SOURCE Redfin Corporation