Survey: More Buyers Confident that They Understand the Home-Buying Process

Buyers are becoming more confident that they understand the home-buying process, according to a survey of 1,000 potential home buyers by the online brokerage firm Owners.com. The survey found that 69 percent of respondents gave themselves an “A” or “B” grade when it comes to understanding the home-buying process, suggesting confidence in their ability to navigate the real estate market.

Also, 80 percent of home buyers are confident that the 2016 home buying environment will be as good as or better than it was five years ago, and 92 percent say that mortgage interest rates are “somewhat to very important” to their decision on when to buy. - Source: HousingWire