75% of homebuyers surveyed claimed the pandemic adjusted their options: 25% boosted their timelines, twenty% slowed their timelines and 17% now want a fewer highly-priced dwelling.
SEATTLE – A few-quarters of homebuyers who approach to obtain a dwelling within the next 12 months say the coronavirus pandemic has impacted their homebuying options: 25% claimed it induced them to shift or speed up their timeline, twenty% claimed it induced them to hold off relocating options and 17% are now seeking for a fewer highly-priced dwelling. Especially:
- sixteen% claimed the pandemic has induced them to want to shift
- fifteen% claimed it induced them to shift faster than initially prepared
- six% chose both equally solutions
“Somewhat counterintuitively, the coronavirus-pushed economic downturn is propping up the housing marketplace,” says Redfin Chief Economist Daryl Fairweather, creator of the latest review. “Homebuyer desire is surging despite GDP getting a historic nosedive in the next quarter, largely