Study: More home buyers make offers without seeing property in person

Tuesday, July 11, 2017
Supply and demand, as well as younger buyers, are changing the way people purchase homes.

A study by real estate website Redfin finds a lot more people are buying homes site unseen. One in three recent home buyers put an offer in without even seeing the property.

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And 41 percent of those buyers were millennials.
That's three times the number of baby boomers willing to buy without seeing the property.

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Curbed reports that millennials may feel that they have little choice in order to achieve home ownership.

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