Category: Surveys

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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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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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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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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