After a hectic spring run-up in prices and a tense summer of bidding wars, buyers are feeling less confident about the market. This year’s refrains of scarce inventory and bidding wars are curbing the buyer enthusiasm we saw in our last survey. With the latest Redfin Real-Time Home-Buyer Tracker, updated with data for the third quarter of 2012, we’ll try to understand the changing motivations and expectations of today’s buyer.
Now that we have data from three quarterly surveys, we see some clear trends emerging.
Home buyers surveyed by Redfin…
For the full report including data tables and charts, visit the Real-Time Market Sentiment in Redfin’s Research Center.
