Tami Savage, Realtor

Florida Real Estate

2020 Homebuyer Preferences [INFOGRAPHIC]

By Tami Savage

2020 Homebuyer Preferences. A recent study from HarrisX shows the current health crisis isn't slowing down today's homebuyers. Consumers are still optimistic about buying a home in the current environment. First graph: When asked about buying a home, 55% of consumers are more optimistic today and 33% mentioned no change due to the impact of the coronavirus. The breakdown of the chart shown is 34% much more optimistic, 21% somewhat optimistic, 33% no impact, 10% somewhat less, and 2% much less optimistic. Second graph: 41% of homebuyers are accellerating their purchasing timelines today. 41% are looking to buy sooner, 15% are looking to buy later, and 44% no change. Third graph: 63% of consumers are saving more money, which can be put toward a down payment. 63% saving money, 25% earning same, spending more, and 12% spending less, income dropped. Bottom Line: If your needs have changed recently and you're thinking of making a move, taking advantage of today's low mortgage rates and any savings you may have accrued while sheltering-in-place is an opportunity you won't want to miss. Source: HarrisX & Realtor.com

2020 Homebuyer Preferences [INFOGRAPHIC]

2020 Homebuyer Preferences [INFOGRAPHIC] | MyKCM

Some Highlights

  • A recent study from HarrisX shows the current health crisis isn’t slowing down today’s homebuyers.
  • Many buyers are accelerating their timelines to take advantage of low mortgage rates, and staying home has enabled some to save more money to put toward a down payment.
  • Let’s connect today if your needs have recently changed and you’re ready to make a move this year.

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