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

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Supply and demand, as well as younger buyers, are changing the way people purchase homes. (KGO-TV)

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

RELATED: What's next for the growing Bay Area real estate market?

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.

And 41 percent of those buyers were millennials.

That's three times the number of baby boomers willing to buy without seeing the property.

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

Related Topics:
homehousing markethomehome improvementmoneypersonal financebusinessresearchstudy
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