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Home > 6 Things Home Buyers Stress About in 2022

6 Things Home Buyers Stress About in 2022

January 25, 2021 by rdavis Leave a Comment

Per TD Bank’s survey of Real estate professionals, they found three major factors affecting a home buyer search: 1. Limited inventory (65%), 2. Mortgage qualification (20%), 3. Affordability (15%). Good news? The market still shows Orlando’s real estate market increasing in 2022. Interestingly enough, 55% of professionals expect home sales to increase this year and 70% state they expect greater demand for single-family homes. In addition, one major bank conducted a research on past clients’ anxiety and found the following six reasons to be issues. TD Bank recommends to reduce anxiety by working with a mortgage professional.

  • Confusion around paperwork required: 31.85%
  • Unexpected costs: 22.22%
  • Concerns over financing: 21.48%
  • Appraisal and inspection: 11.85%
  • Meeting and closing date: 6.67%
  • Credit approval: 5.93%

 

Source:  TD Bank

Source: Realtor Magazine

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