Compared to last year, homebuyers are more inclined to buy now

Most buyers think mortgage rates will increase in the next 6 months

Written by Alex Starace | Redfin

When asked how their perspective has changed in the past year, just over 43 percent of homebuyers said they are “more inclined to buy now,” according to a recent Redfin survey of 1,002 homebuyers. This marks a 10.1 percentage-point increase from last year at this time.

Buyers this year were also slightly more likely to say that there was increased urgency before prices or rates rose.

Redfin real estate agents across the country are telling us they’re seeing unusually strong activity, while the Redfin Housing Demand Index, which is based on the number of customers requesting home tours and writing offers, is hitting record highs.


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