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Are you a frustrated buyer?

September 5th, 2012 Written By Carol Pawley

A new survey by Redfin shows that home buyers are frustrated with the lack of inventory. The survey consisted of 829 buyers in 19 cities, who expressed interest in buying a home in the next 12 months.

Key findings

• 46 percent believe now is a good time to buy, down two quarters in a row; and 32 percent believe now is a good time to sell, up two quarters in a row

• 61 percent believe prices will increase, up two quarters in a row

• 62 percent “very interested” in conventional sales, up from 57 percent in the second quarter and 48 percent in the first quarter

• 31 percent would step back from competing against other buyers for a home, compared to 28 percent in the second quarter

• 27 percent of respondents cited general economic weakness as a concern about buying this year, up from 24 percent in the second quarter and 20 percent in the first quarter

Are you suprised by these findings?

Great to have you on my site! Seeking to sell or buy property in Coconut Grove, Coral Gables, or anywhere in Miami? I can assist you. Real estate is my area of expertise and Miami-Dade the place I grew up. I know the communities, the schools, the culture, and the business of real estate. I’ve consistently ranked in the top 1% of my field, locally and nationally. I’d love to have the opportunity to introduce myself and discuss your real estate needs. Let’s connect: PH 305-992-6188,EMAIL: carolapawley@gmail.com

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