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Joe Petrowsky, Your Mortgage Consultant for Life (Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)

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Rainmaker
1,661,936
John McCormack, CRS
Albuquerque Homes Realty - Albuquerque, NM
Honesty, Integrity, Results, Experienced. HIRE Me!

Yes very motivated buyers but they don't seem to be talking about rates being behind their motivation.

Jun 22, 2015 11:27 PM
Rainmaker
3,416,038
Scott Godzyk
Godzyk Real Estate Services - Manchester, NH
One of the Manchester NH's area Leading Agents

I have seen a steady flow of buyers, all which are ready to buy before rates do go up. The problem is the lack of listings and most buyers have not been pre approved yet.

Jun 22, 2015 11:17 PM
Rainmaker
2,759,812
TeamCHI - Complete Home Inspections, Inc.
Complete Home Inspections, Inc. - Brentwood, TN
Home Inspectons - Nashville, TN area - 615.661.029

Good morning Joe. I have heard that from several agents. Lack of inventory is stifling the market.

Jun 22, 2015 07:43 PM
Rainmaker
3,340,443
Sally K. & David L. Hanson
EXP Realty 414-525-0563 - Brookfield, WI
WI Real Estate Agents - Luxury - Divorce

Yes....there is moe motivation now than ever !

Jun 22, 2015 07:20 PM
Rainmaker
5,104,931
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

To-date, Joe, most have been people trying to get out from under big rent increases; not so much because of interest rate upticks, but I do have a few buyers who are beginning to panic because they didn't move sooner.

Jun 22, 2015 11:32 PM
Rainmaker
3,988,007
Debbie Reynolds, C21 Platinum Properties
Platinum Properties- (931)771-9070 - Clarksville, TN
The Dedicated Clarksville TN Realtor-(931)320-6730

I am not seeing much change. With the threat of downsizing Ft. Campbell many of our buyers are nervous and not sure they will have a job in the future.

Jun 22, 2015 11:03 PM
Rainmaker
5,583,278
Barbara Todaro
RE/MAX Executive Realty - Happily Retired - Franklin, MA
Previously Affiliated with The Todaro Team

we have many who are serious, but there is no fresh inventory to satisfy that need....

Jun 22, 2015 09:42 PM
Rainmaker
7,836,164
Roy Kelley
Retired - Gaithersburg, MD

Smart consumers are taking advantage of the low mortgage interest rates that may not be available in future months.

Jun 22, 2015 09:18 PM
Rainmaker
2,817,671
Debbie Gartner
The Flooring Girl - White Plains, NY
The Flooring Girl & Blog Stylist -Dynamo Marketers

This is an interesting question, and it will be interesting to see it play out.  I've actually been getting more calls (than usual) w/ those about to sell their homes (they are prepping home and putting on the market over summer.  And, several for next spring.

Oh course, we always get more calls from buyers than sellers as that is a much better target for us.

Jun 22, 2015 08:44 PM
Rainmaker
1,725,996
Sandy Padula & Norm Padula, JD, GRI
HomeSmart Realty West & Florida Realty Investments - , CA
Presence, Persistence & Perseverance

No. Most who were thinking about it, ahve already done it. Now, it is just new retirees, and relocations. Few move-ups.

Jun 23, 2015 12:37 AM
Rainmaker
921,504
Annette Lawrence , Palm Harbor, FL 727-420-4041
ReMax Realtec Group - Palm Harbor, FL
Making FLORIDA Real Estate EZ

There are more buyers. This is being driven by the reality their existing home has increased in value sufficiently, allowing them to move.

The interest rates are only a side issue. 

Those wanting to transition from renting to owning are realizing those low interest rates don't apply to them.

Jun 22, 2015 09:54 PM
Rainmaker
4,434,127
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

I hope those sitting on the fence will buy soon. 

Jun 22, 2015 09:22 PM
Rainmaker
911,338
Jeff Pearl
RE/MAX Distinctive / LIC in VA - Lovettsville, VA
Full Service Full Time Realtor

Yes, some are finally getting serious, getting their pre-approvals ready and updated, making a list of neigborhoods they prefer to buy in, doing drive byes in potential neighborhoods, etc.

Jun 23, 2015 02:55 AM
Rainmaker
4,800,082
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

I'm seeing less buyers at the moment as our prices have gone up a bit to fast and our inventory is way down.  We have lots of window shoppers, but few serious buyers at the moment.

Jun 23, 2015 02:48 AM