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Maxwell’s Sidelined Home Buyer Report
Interest rate challenges, historically low housing inventory, and economic volatility have excluded would-be buyers from the market. Today, these sidelined home buyers continue to search for homes while readying their finances and closely monitoring interest rates.
As rate cuts materialize and inventory recovers, sidelined home buyers will begin to take action. We created this survey to dig into their challenges, plans, and approaches to home buying as they look to enter the market over the next year.
From this report, you’ll gain data-driven insight, including:
- How a 5.5% interest rate is the sweet spot many home buyers cite as the point at which they’ll look to buy
- Why the vast majority of sidelined home buyers (77%) say they’re “somewhat” or “very” prepared to buy once rates fall
- How these potential buyers highly prioritize home-buying, with almost 70% reporting that buying a house is “crucial” or “very important” over the next 6 months
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“Today’s home buyers are sitting on the sidelines. This extended waiting period has created a unique type of demand driven by exceptionally strong motivation.”
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