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Prospective Buyers Continue to Turn into Active Buyers

eyeonhousing.org
 2021-07-30

Cover picture for the articleOf the 17% of American adults considering a future home purchase in the second quarter of 2021, 61% have moved beyond planning and are already actively trying to find one to buy. This share of active buyers has increased for six straight quarters, a trend that began after the final quarter of 2019 when it stood at 43%. In the past year and a half, several factors have contributed to turning more prospective buyers into active ones: low mortgage rates, desire for more space, and desire for a new location in the suburbs/exurbs.

eyeonhousing.org

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