How Did the Coronavirus Impact Homebuyer Sentiment?

by Mike ‘Mish’ Shedlock
Mish Talk

A survey by Point 2 Point Homes indicates a huge change in homebuyer sentiment.

Please consider the Point2Point Flash Survey on Homebuyer Sentiment.

Key Points

— 19% percent are still determined to find a home.
— 18% are searching but not as actively.
— 22% have stopped until the outbreak is over and another 6% stopped searching for the time being. That’s a postponement rate of 28%.
— 35% claim to “not know” while “keeping an eye on the market”.

The other 6% is a mystery.

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