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2022 Housing Prediction - IBuyers and Buyer Agency [Real Estate Training]
2022 Housing Prediction #7: With iBuyers having less competition from other iBuyers, and i-Buyers having to pay more to fund their businesses (to purchase the actual houses), we predict that i-Buyers will start offering and paying less for the homes, thus they won’t be a competitor against the retail buyer anymore. (Zillow’s mistake).
In Q3 2021, iBuyers accounted for 1.6 percent of all homes purchased in the U.S. That’s around 28,000 homes, nearly double the 15,000 homes purchased by iBuyers in Q2.
Also noteworthy: IBuyer Market share in Phoenix, the largest iBuyer market, peaked to a new…
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