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Survey: Rising Prices Motivate Buyers to Purchase Now

Posted by Bonnie Martin Designated Broker on Tuesday, December 18th, 2012 at 8:38am. - The expectation for prices to continue rising is creating urgency among consumers to buy now, according to a Redfin survey of 1,084 active homebuyers.

The percentage of homebuyers who believe prices are bound to move higher in the next 12 months increased to 71 percent in the fourth quarter from 61 percent in third quarter, according to the survey. The fourth quarter share is also more than double from 34 percent in the first quarter.

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