Top 6 Home Buyer Concerns For 2015

Dated: August 25 2015

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Rising home prices tops the list of home buyer concerns this year. A huge shift from last year when nearly half of the buyers said their most concern was the limited number of homes for sale. According to a new survey more than 3,500 buyers released by the real estate brokerage Redfin.  In this survey, nearly 27% of respondents cited high or rising home prices as their top concern. Another 17% claimed they were most concerned about competition from other buyers. First time home buyers in particular worried about the rising home prices. From the survey there were 31% of first time home buyers said that higher home prices were their top concern. Below I have listed the following six home buyer concerns this year:

1. Affordability: "Prices are rising to high"-27%

2. "There's too much competition from other buyers"-17%

3. "There arent enough homes to choose from"- 14%

4. "I need to sell a home first"- 8%

5. "I might not have enough for a down payment"- 6%

6. "Mortgage rates will go up before I can buy"- 5%

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Terry Ivie

Texas Real Estate Consumer Protection Notice

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