Survey: less pent-up seller demand

The number of homeowners who have delayed selling because of the real estate market has declined slightly in the last 18 months, suggesting the pending supply of "visible" homes is stabilizing.

November 15, 2011
housing market, shadow market, housing supply, housing demand



The number of homeowners who have delayed selling because of the real estate market has declined slightly in the last 18 months, suggesting the pending supply of "visible" homes is stabilizing, according to a national housing survey conducted by Realtor.com operator Move Inc. and reported by Inman News.

The telephone survey of 1,000 adults, conducted Oct. 7-9, revealed that 17.5 percent of homeowners had put off a sale in the last 12 months because of market conditions. That number is down from 19.2 percent from a survey conducted a year and a half ago.

More homeowners 35-49 had delayed a sale (22 percent), and those making $40,000 to $49,000 a year were also more likely to be waiting for market conditions to improve (21 percent).

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