Levin Rinke Realty Blog

Subscribe and receive email notifications of new blog posts.




rss logo RSS Feed
100million | 9 Posts
Buying a home | 8 Posts
communitynews | 2 Posts
Developments | 1 Posts
For Buyers | 6 Posts
For Sellers | 7 Posts
Gulf Breeze | 1 Posts
Holidays | 1 Posts
Local Living | 4 Posts
Move-Up Buyers | 1 Posts
Pensacola | 29 Posts
Pricing | 2 Posts
Real Estate | 28 Posts
Uncategorized | 51 Posts
Waterfront | 6 Posts
Your Home | 2 Posts
Realtor Selling Houses Bands on the Beach Festivals Real Estate Beach The Beach The Lifestyle White Sand Apartments Manhattan Holidays MerryChristmas TeamResortRealty Condos on Pensacola Beach Pensacola Beach Real Estate Resort Realty Portofino FL Final Phase Florida Levin Rinke Realty New Development Portofino Development Portofino Final Phase Portofino Island Resort Portofino Island Resort Real Estate Real Estate Towers 6 and 7 Buying in Gulf Breeze Gulf Breeze FL Team Levin Rinke Realty 2016 hemingways pensacola real estate sales records Buzz Eddy community news gulf breeze storm water pensacola bay bridge charity levinrinkerealtygivesback levinrinkerealtyinthecommunity philanthropy teamlevinrinkerealty beach hunters hgtv Downtown Pensacola FL East Hill Tall Ships Tall Ships Pensacola realtor training Buying Homes gulf breeze zillow gulf front gulf front porperty gulf front real estate pensacola beach sunset pensacola beach zillow pensacola homes Pensacola Homes for sale pensacola sunset pensacola zillow waterfront property waterfront real estate zillow Beach Downtown For Sale Home Home Search Navarre FL Perdido Key FL Navarre Beach FL home for sale best realtor pensacola home for sale pensacola pensacola realtor sell my home pensacola nationaldogday Own The Lifestyle Va Loans Veterans Hire a Real Estate Agent How to hire a Realtor Real Estate Agent Distressed Properties Find Distressed Properties houses Pensacola Beach FL Pace FL Milton FL Local Businesses Restaurants Things to Do Gulf Shores AL First-Time Buyers For Buyers Home-Buying Tips Pensacola FL Outdoors Orange Beach AL Daphne AL Bay Minette AL Fairhope AL Lillian AL Elberta AL Foley AL For Owners Home Improvement Homeowner Tips Relocating East Pensacola Heights Local Attractions For Sellers Home-Selling Tips Dining Community Area Information Financing Shop Local Bars Loxley AL Home Maintenance Parks Mortgage Food & Drink
May
1

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):Buying a Home Right Now: Easy? No. Smart? Yes. | MyKCM

Bottom Line

Many 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.

Login to My Homefinder

Pixel