The country is in the midst of a “seller’s market,” which is good for people putting their homes up for sale, but those people are often buyers simultaneously, and that presents problems, reports Jeffery Marino of Redfin.
According to the latest Redfin survey, more real estate agents than ever before agree that now is a great time to sell, but finding another home to buy poses a significant challenge.
Our survey of more than 800 Redfin agents across the country conducted this month revealed that 89% of respondents believe now is a good time to sell, up from 83% last year. This is the highest percentage of agents reporting now is a good time to sell since we began conducting this survey in 2012. On the other hand, the number of agents reporting that now is a good time to buy fell from 45% last year to 34% in March — the lowest result we’ve had since 2012.