As real estate markets in densely populated, rapidly gentrifying areas like San Francisco and Los Angeles heat up, a surprising number of Americans are willing to scoop up properties without even seeing them first.
That's according to a new survey from real estate site Redfin, which analyzed responses from more than 1,500 Americans who purchased a home in the previous 12 months. In Los Angeles, 57 percent of respondents reported purchasing a home after making an offer sight unseen. In San Diego, the share was 46 percent, and in San Francisco, it was 44 percent.
Overall, 35 percent of all home-buyers last year made an offer without going on a tour of the property.
Here are the top seven cities where successful home-buyers purchased properties that way, according to Redfin.
- Los Angeles: 57 percent
- San Diego: 46 percent
- San Francisco: 44 percent
- Chicago: 38 percent
- Austin: 35 percent
- Denver: 33 percent
- Washington, D.C.: 32 percent
Young people proved far more likely than older ones to make a purchase sight unseen. While 45 percent of millennials reported making an offer on a house they hadn't visited in person, only 28 percent of Gen-Xers and 6 percent of boomers took the risk.