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Agents Predict That Mortgage Rates Above 5.5 Percent Would Curb Sales and Price Growth in 2014
SEATTLE, Jan. 3, 2014 /PRNewswire/ -- Redfin (www.redfin.com), the technology-powered real estate brokerage, today released its latest survey of real estate agents. Data was collected from December 12 through December 14, and reflects responses from 468 Redfin real estate agents in 22 major metropolitan markets across the U.S.
Redfin real estate agents:
"These days, finding the right home is more difficult than ever," said Redfin Phoenix agent Marcus Fleming. "With such limited home inventory available, buyers who need to move now often have to compromise on upgrades or location to find a home that meets their budget and basic needs."
About the Q4 2013 Redfin Real-Time Agent Sentiment Survey
This survey was taken between December 12 and December 14, 2013. Survey respondents included 468 Redfin agents. Respondents spanned 22 metropolitan markets in the U.S.: Atlanta, Austin, Baltimore, Boston, Charlotte, Chicago, Dallas, Denver, Houston, Los Angeles, Orange County, Miami, Long Island, Philadelphia, Phoenix, Portland, Raleigh, Sacramento, San Diego, San Francisco, Seattle, Washington, D.C.
Redfin (www.redfin.com) is a technology-powered real estate broker that represents people buying and selling homes. Founded and run by technologists, Redfin has a team of experienced, full-service real estate agents who are advocates, not sales-people, earning customer-satisfaction bonuses, not commissions. Redfin.com features all the broker-listed homes for sale, as well as for-sale-by-owner properties that don't pay brokers a commission. Redfin also offers online tools that make the entire process of buying or selling a home easier and more fun. The company serves 22 U.S. markets and has closed more than $13 billion in home sales. In 2012, Redfin was named one of The DIGITAL 100: World's Most Valuable Private Tech Companies by Business Insider.
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