Homebuyers’ frustration with low inventory continues to increase, there is also increased understanding of the seller’s market and a willingness to pay more.
For the latest Redfin Real-Time Home-Buyer Tracker, we surveyed more than 1,000 active home-buyers who have recently toured homes with Redfin. The strongest messages they shared with us were a continued frustration with low inventory and a growing certainty that home prices in their areas are now on the rise.
Today, we’re launching the survey results as a regular report, The Redfin Real-Time Home-Buyer Tracker, updated with data for the second quarter of 2012. What we found this quarter mostly is evidence of a strengthening market.