Trulia shares what’s keeping prospective buyers up at night
July 26th, 2013 by
Jed Kolko, chief economist for for Trulia.com, has written a blog post for the Trulia Trends blog with a headline you never would have read just a few short years ago: “Worried Buyers Would Take Desperate Measures in Today’s Sellers’ Market.”
Mortgage rates have jumped nearly a full percentage point in the past two months and home prices continue to steadily rise, putting buyers in an increasingly difficult position.
But just how desperate have buyers become?
Trulia teamed with Harris Interactive to answer that very question with an online survey of 2,029 U.S. adults conducted between June 24-26, 2013. You can see the answers above.
Desperate times call for desperate measures. In other words, it’s a great time to be a seller!