The top 3 obstacles preventing home buyers from completing a home purchase in 2012 were recently determined in a survey by REBAC ( the Real Estate Buyers Agent Council of the National Association of Realtors). They are:
- Economic insecurity
- Difficulties in obtaining financing
- Problems selling current home
Last year, the top issues for buyers were difficulties obtaining financing, problems selling a current home, and holding out for lower prices, according to the survey.