Daily Real Estate News
REALTOR® confidence in current and future market conditions took a slight dip in June as several challenges continued to pose a threat to their businesses and the housing recovery, according to the latest REALTORS® Confidence Index. In the survey of 50,000 real estate practitioners, the following problems were cited as the most common causes of loss of sales:
Unrealistic buyers: “The market has slowed,” the report notes. “In particular, buyers are reported as resistant to higher prices, are more demanding, extremely cautious, and looking for properties in perfect condition. In many cases, buyers are approaching sellers’ markets as if they were buyers’ markets, offering unrealistic and unobtainable prices.”
