Contact Our Real Estate Team Today!
(480) 726-7000 ​ryanwhyteteam@gmail.com
The Ryan Whyte Team
  • Home
  • Featured Listings
    • CLIENT REVIEWS
    • HOMES SOLD
  • Our Team
  • Communities
    • CHANDLER >
      • CARINO ESTATES
      • COTTONWOOD SPRINGS
      • THE ISLAND AT OCOTILLO
    • GILBERT
    • QUEEN CREEK
  • Resources
    • HOME BUYER FAQ >
      • Buyers Guide
    • HOME SELLER FAQ >
      • Sellers Guide
    • LISTING CONCIERGE PACKAGE
    • REAL ESTATE PARTNERS
  • OUR BLOG
  • Contact Us

Why Buying a Home Right Now is Smart

4/29/2020

1 Comment

 
Through all the volatility in the economy right now, some have put their search for a home on hold, yet others have not. According to ShowingTime, the real estate industry's leading showing management technology provider, buyers have started to reappear over the last several weeks. In the latest report, they revealed:
​
“The March ShowingTime Showing Index® recorded the first nationwide drop in showing traffic in eight months as communities responded to COVID-19. Early April data show signs of an upswing, however.”
Why would people be setting appointments to look at prospective homes when the process of purchasing a home has become more difficult with shelter-in-place orders throughout the country?


Here are three reasons for this uptick in activity:
1. Some people need to move. Whether because of a death in the family, a new birth, divorce, financial hardship, or a job transfer, some families need to make a move as quickly as possible.
2. Real estate agents across the country have become very innovative, utilizing technology that allows purchasers to virtually:
  • View homes
  • Meet with mortgage professionals
  • Consult with their agent throughout the process
All of this can happen within the required safety protocols, so real estate professionals are continuing to help families make important moves.
3. Buyers understand that mortgage rates are a key component when determining their monthly mortgage payments. Mortgage interest rates are very close to all-time lows and afford today’s purchaser the opportunity to save tens of thousands of dollars over the lifetime of the loan.


Looking closely at the third reason, we can see that there’s a big difference between purchasing a house last December and purchasing one now (see chart below):
Picture
Bottom LineMany families have decided not to postpone their plans to purchase a home, even in these difficult times. If you need to make a move, let’s connect today so you have a trusted advisor to safely and professionally guide you through the process.
1 Comment

    The Ryan Whyte Team

    Get to know everything about Arizona Real Estate.

    ​

    Archives

    December 2020
    November 2020
    April 2020




    ​Categories

    All
    Arizona Home Buyers
    AZ Homeowners
    Buying A Home During Covid 19
    Chandler Arizona Real Estate
    Home Buyers
    Home Inventory
    Home Owner Tips
    Low Mortgage Rates
    Selling An Arizona Home

    RSS Feed

The Ryan-Whyte real estate team Chandler Arizona
2450 S Arizona Ave 1 Chandler, AZ, USA 85286
480-726-7000
ryanwhyteteam@gmail.com

Local chandler realtors, The Ryan Whyte Team
Privacy Policy
REAL ESTATE SERVCIES
Featured Listings
Office Listings
Homes Sold
New Home Search
Home Valuation
Listing Concierge Package
Real Estate Partners
The Realtors Blog
Home Buyer FAQ
Home Seller FAQ
OUR TEAM
Bill Ryan
Cory Whyte
Lisa Ryan - Whyte
Missy Spoon
Jared Ryan
Contact Us
© 2020-2023 All Rights Reserved. Website By: Luzern Designs