Tag: HousingIQ Survey of Kentucky REALTORS

HousingIQ Survey of Kentucky REALTORS® – September 2020

Kentucky Housing Market Showing Early Signs Of Cooling
Houses anticipated to stay on market for longer as fewer houses expected to sell above asking price

Twenty-nine percent of Kentucky REALTORS® reported that tightening mortgage standards were discouraging their buyers, according to the September 2020 edition of the HousingIQ Survey of Kentucky REALTORS®. Twenty-eight percent of the 204 REALTORS®, across Kentucky, expect an increase in the number of price reductions.

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HousingIQ Survey of Kentucky REALTORS® – August 2020

Kentucky Home Price Growth To Moderate
Bidding Wars Discouraging Buyers
Potential Sellers Opting To Refinance

Fifty-eight percent of Kentucky REALTORS® reported that some of their sellers were opting to refinance instead of selling, according to the August 2020 edition of the HousingIQ Survey of Kentucky REALTORS®. Eighty-seven percent of the 264 REALTORS® from across Kentucky, reported that the bidding wars were discouraging some of their buyers.

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HousingIQ Survey of Kentucky REALTORS® – July 2020

Kentucky Home Price Growth To Moderate
Potential Sellers Held Back By Inability To Buy Another Home

Sixty-eight percent of Kentucky REALTORS® said that the pent-up demand from spring had not eased up and demand was now stronger than this time last year, according to the July 2020 edition of the HousingIQ Survey of Kentucky REALTORS®. Only two out of five of the 336 REALTORS® from across Kentucky, expected home prices to increase more than the last twelve months.

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HousingIQ Survey of Kentucky REALTORS® – June 2020

Kentucky Homebuyer Enthusiasm To Push Prices Higher
Slower Pace of New Listings Forcing Bidding Wars

Forty-five percent of Kentucky REALTORS® said that a greater number of their buyers were returning to the market according to the June 2020 edition of the HousingIQ Survey of Kentucky REALTORS®. Sixty-five percent of the 344 REALTORS® from across Kentucky reported that their buyers were not expecting lower prices.

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HousingIQ Survey of Kentucky REALTORS® – May 2020

Kentucky Homebuyers Bid Up Prices as Sellers Hold Back

Over three out of five Kentucky REALTORS® – 61% – said that their sellers were holding back listings due to current economic uncertainty, according to the May 2020 edition of the HousingIQ Survey of Kentucky REALTORS®. Almost 60% of the 374 REALTORS® from across Kentucky reported that their buyers had started to return to the market.

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HousingIQ Survey of Kentucky REALTORS® – April 2020

Kentucky Homebuyers Retreat as Sellers Hold Firm

Nearly three out of four Kentucky REALTORS® – 73% – said their sellers had not reduced listing prices to attract buyers according to the April 2020 edition of the HousingIQ Survey of Kentucky REALTORS®.  70% of the nearly 600 REALTORS® from across Kentucky reported that their buyers had stopped looking.

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HousingIQ Survey of Kentucky REALTORS® – March 2020

Home sellers take wait-and-see approach as buyers discouraged by stock market correction

Nearly two out of three REALTORS® — 65% — said their buyers were significantly discouraged by the recent stock market correction, according to the March 2020 edition of the HousingIQ Survey of Kentucky REALTORS®. 84% of the over 700 REALTORS® from across Kentucky reported that their sellers had not removed their homes from the market due to coronavirus fears.

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