Top Agent Insights for Fall 2022

HomeLight’s quarterly report compiles the findings of a survey of roughly 1,000 top real estate agents nationwide. The results indicate that the seller’s market is cooling down with the return of contingencies and a decrease in buyer competition. Additionally, the rise of remote work has shifted home buying plans for remote workers, pricing out many teachers and service workers. Trends also point to steady challenges first-time homebuyers have with rising mortgage rates and that the custom of decluttering and renovating for additional home value yields returns in high-cost areas.