In today’s article, we’ll share the full results from the latest TurboHome-ResiClub Housing Sentiment Survey. To conduct the survey, ResiClub partnered with TurboHome, a digital platform that combines expert local agents with AI tools to help homebuyers save on transaction costs.

In total, 423 U.S. adults participated in the TurboHome-ResiClub Housing Sentiment Survey between July 2 and July 23, 2025

Among respondents, 80% own their primary home, 17% rent their primary residence, and 3% live with family or friends (and pay no rent).

Note: Responses are rounded to whole numbers, so totals may add up to slightly more or less than 100%.

Housing sentiment is shifting—a little

We asked U.S. homeowners—excluding those who said they "plan to never sell" or "would pay all cash" for their next home—what’s the highest mortgage rate they would accept on their next home purchase.

In Q1 2025, when we ran the first-ever ResiClub Housing Sentiment Survey, only 41% of homeowners surveyed by us said they’d accept a mortgage rate up to 6.0% on their next purchase.

In Q3 2025, 52% of homeowners told us they’d accept a mortgage rate up to 6.0% on their next purchase.

Slowly, homeowners are coming to terms with the fact that their next mortgage rate will be higher than their last one.

Overall, there’s still low optimism that the sub-6.00% threshold will be unlocked in the next 12 months, with 72% of homeowners saying they expect the average 30-year fixed mortgage rate to be above 6.00% for the next year.

Homeowners aren’t exactly bullish—at least not in the short term.

A majority (55%) say they expect home prices in their local market to either stay flat or decline over the next 12 months. That’s up 20 percentage points from Q1 2025, when just 35% expected prices to remain flat or fall.

Still, that doesn’t mean homeowners are outright bearish. Only 16% anticipate home prices in their area will drop by 4% or more over the next 12 months.

Homebuyers today are digitally savvy

Among homeowners we surveyed, 73% say they located their most recent property themselves, the other 27% gave credit to their real estate agent.

In the Zillow and Realtor.com era, this figure makes sense.

That independence is also showing up in attitudes toward technology: 81% of homeowners say they’d be likely to use a digital tool to draft a home offer, with nearly half saying they’d be “very likely” to do so.

Satisfaction with the last agent used

The majority of homeowners (77%) that we surveyed felt that their last real estate agent provided valuable services.

The majority of homeowners (72%) that we surveyed felt that the commission paid to the agent they most recently worked with was justified.

While most homeowners felt their last real estate agent earned the commission they were paid (see chart above), a majority believe that agents are generally overcompensated today (see chart below).

So why did a subtle shift in phrasing lead to such a different response?

One reason could be the lens through which homeowners view the two questions. When reflecting on their last transaction, many were likely in the buyer role—and in the U.S., it’s typically the seller who covers both agents' commissions. That cost may have felt abstract or in the rearview mirror, which could soften perceptions. But when asked about agent compensation today, homeowners may be thinking ahead to their next transaction—this time potentially as the seller—when those commissions could directly reduce their net proceeds.

The housing sector is fairly familiar with discount brokerages. The consumer is still learning.

How prospective homebuyers feel about agent compensation structure