Skip to player
Skip to main content
Skip to footer
Search
Connect
Watch fullscreen
Like
Comments
Bookmark
Share
Add to Playlist
Report
A fifth of prospective home buyers put an offer in after just 20 minutes
National World - LocalTV
Follow
13/08/2024
Housing market experts are predicting a rise in buyer demand over the next few months. But it comes alongside fears the number of homes on the market may not match it, causing potential buyers to act more quickly to secure their purchase.
Category
🗞
News
Transcript
Display full video transcript
00:00
How long do you spend thinking through your financial decisions before you make them?
00:07
Well, if it's popping for a coffee or adding a sweet treat to your weekly shop, probably
00:12
not a lot. But what about those bigger purchases? Research from the property site Zoopla has
00:16
found a fifth of prospective home buyers spent less than 20 minutes looking around a place
00:21
before putting in their offer. If you find that surprising, some said they put their
00:25
bid in after less than five minutes. The average, though, is 49 minutes. It comes as
00:30
housing market experts are predicting a rise in buyer demand over the next few months.
00:35
But it comes alongside fears the number of homes on the market may not match it, causing
00:39
potential buyers to act more quickly to secure their purchase. The chief economist from the
00:43
Royal Institution of Chartered Surveyors, Simon Rubinson, said significant challenges
00:48
lie ahead. After their monthly report, predicted surveyor activity will speed up in the coming
00:53
But what about you? What's the shortest amount of time you'd spend viewing a property before
00:57
putting an offer in? And would you put an offer in sooner if you thought there were
01:01
others in the running?
Recommended
1:00
|
Up next
First time buyers: New no-deposit mortgage aimed at renters launched
National World - LocalTV
09/05/2023
1:00
Mortgage rates: Top tips from experts on how to save money with interest rates increasing
National World - LocalTV
11/07/2023
2:00
House viewings: Advice on how to make the most of them from Zoopla
National World - LocalTV
13/08/2024
0:38
New Homes in High Demand as Existing Home Sales Decline
Benzinga
25/08/2023
1:00
Housing market: UK property prices will continue to fall until 2025, says Britain’s biggest mortgage provider
Local TV
25/10/2023
3:05
No deposit mortgage: Building Society launches new mortgage and we find out what Manchester people think
National World - LocalTV
15/05/2023
1:00
Mortgage deals: 1.5 mil face ‘remortgage nightmare’ as average 2-year fix deal increases by £35 per month
National World - LocalTV
05/06/2023
1:00
Mortgage Demand Continues To Fall
Stringr
25/05/2023
1:00
House prices: Areas where property costs are rising despite national average fall revealed
Local TV
14/11/2023
0:58
Dave Ramsey makes major housing market prediction
The Street
06/05/2025
0:43
Newly Built Homes Boost Market
Benzinga
19/07/2023
0:29
Pre-Owned Home Sales Declined 1.5%
Benzinga
21/10/2022
1:00
Are you concerned about the housing market?
National World - LocalTV
13/06/2024
2:00
Rate pause sees buyers flock back to the housing market
ABC NEWS (Australia)
08/04/2023
3:05
Housing: How are you coping with paying your mortgage or rent payments?
National World - LocalTV
19/07/2023
2:23
Mortgage Demand Drops to Lowest Level in Decades
The Street
19/10/2022
0:44
Barbara Corcoran says now is the 'right time to buy' a home
The Street
19/03/2025
0:50
'Under Valued' Homes Offer Up To 23% Off–Here's Where You Can Save The Most, According To Redfin
Benzinga
02/10/2024
1:00
Mortgage rates pulled with just ‘a few hours notice’ as deals creep up
Local TV
02/06/2023
2:00
Advice for first-time home buyers: Will mortgage rates come down?
Local TV
19/04/2024
3:05
Property problems: The rental property market could become more secure for tenants as buying a house becomes an impossibility for many
National World - LocalTV
30/06/2022
1:40
Canberra house prices slowly returning to their peak
ABC NEWS (Australia)
02/12/2023
1:06
UK House Prices Surge: Fastest Growth in a Year!
WooGlobe
30/08/2024
3:05
Many young people have given up on ever owning a home: Here’s some expert advice on getting on the property ladder.
National World - LocalTV
27/03/2023
0:28
Housing Market Cools as Mortgage Rates Soar to 6.9%, Home Sales Decline, as Affordability Crisis Hits Housing Market
Benzinga
23/02/2024