As we continue to see unprecedented demand within the housing market, which has led to record home prices and constant bidding wars, LendingTree decided to survey over 2,000 Americans to see how the general population is feeling about purchasing a house in the near future.
After tallying the results of its survey, LendingTree noted several key findings, including:
- 4 in 10 respondents believe the housing market will crash in 2021.
- 30% of respondents believe that mortgage rates will rise in 2021.
- Roughly 50% of respondents believe there will be an increase in affordable and accessible housing in 2021.
- 8 in 10 respondents believe that the dream of homeownership is still alive.
According to LendingTree, the company commissioned Qualtrics to conduct this online survey of U.S. consumers, who were proportioned to represent the overall population of the country. For more information, including additional metrics and breakdowns, check out LendingTree’s report.
EVO’s Digital Appraisal Forms Streamline Order Management
Tired of using offline spreadsheets and Word docs for managing your real estate appraisal forms? This often confusing process is not only impossible to track, it also requires duplicate data entry – leading to even more risk and longer turn-times. Global DMS’ EVO™ appraisal management software resolves these pain-points by providing digital order and review forms that are 100% configurable, can be automatically selected and pre-populated via intelligent merge fields, and provide complete trackability – ensuring your staff and vendors always have the most up-to-date version of the form as it moves through your unique valuation process.