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👨‍💼Did Covid Give First Time Homebuyers a Boost?

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Real Estate Agent with Ambrose Realty Management LLC SA634540000

💥Did Covid Give First Time Homebuyers a Boost?

 

 ☀️For ALL of Your East Valley AZ Real Estate Needs

📞Call Brian at 480-773-2370

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The COVID-19 pandemic left many families in debt. Now, first-time buyers across the country say COVID-19 has given them the extra boost they need to start saving for their first home. How about you? What’s your next step to homeownership?   To read the full article, click HERE.

 

I specialize in the East Valley of the Phoenix Metro area - Gilbert, Mesa, Chandler, Tempe, Scottsdale, Apache Junction, and Gold Canyon

 

☀️For ALL of Your East Valley AZ Real Estate Needs

📞Call Brian at 480-773-2370

🙋‍♂Text Brian at 480-773-2370

📨Email Brian at brian@bke12.com

George Souto
George Souto NMLS #65149 FHA, CHFA, VA Mortgages - Middletown, CT
Your Connecticut Mortgage Expert

Brian I must live a sheltered life, because I don't know any of the 1 in 4 people who put away their stimulus money for a down payment to purchase a home.  I am a Loan Originator, and I have per-qualified a number of homebuyers during this time, non of them have told me they saved their stimulus money for a down payment. 

Mar 21, 2022 10:13 AM
Brian England
Ambrose Realty Management LLC - Gilbert, AZ
MBA, GRI, REALTOR® Real Estate in East Valley AZ

Well, to be honest, George Souto I don't know of anyone that did that either, but it would have been a wise thing for them to do, right?  I guess some people were wise and did just that.

Mar 21, 2022 10:54 AM
Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

Hello Brian, I wonder if it did or not. I know low interest rates was a factor on getting buyers to look but with low inventory it was hard

 

Mar 21, 2022 11:07 AM
Brian England
Ambrose Realty Management LLC - Gilbert, AZ
MBA, GRI, REALTOR® Real Estate in East Valley AZ

With this sort of stuff Will Hamm I know a lot of people have good intentions to do so but whether or not they actually do it is another story, haha.

Mar 21, 2022 11:10 AM
Ray Henson
eXp Realty of California, Inc. (lic. #01878277) - Elk Grove, CA
Realtor

I think any time money is pumped into the economy (and this time it was multiple times)  it will boost some buyers.  So home buyers got a boost and a booster.

Mar 21, 2022 12:44 PM
Brian England
Ambrose Realty Management LLC - Gilbert, AZ
MBA, GRI, REALTOR® Real Estate in East Valley AZ

I agree Raymond Henson, eXp Realty and when buyers use the money for things such as a down payment, it is beneficial for all.

Mar 21, 2022 01:04 PM
Ed Silva, 203-206-0754
Mapleridge Realty, CT 203-206-0754 - Waterbury, CT
Central CT Real Estate Broker Serving all equally

Of course it did, everybody was looking for that extra space

Mar 21, 2022 05:12 PM
Brian England
Ambrose Realty Management LLC - Gilbert, AZ
MBA, GRI, REALTOR® Real Estate in East Valley AZ

One needs more space if they are working from home Ed Silva, isn't that right?

Mar 21, 2022 06:28 PM
Endre Barath, Jr.
Berkshire Hathaway HomeServices California Properties - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

Brian I am with George Souto  and I had to smile at your comment to Will Hamm   may I add Good Intentions Pave the Road to Hell, Endre

Mar 21, 2022 11:17 PM
Grant Schneider
Performance Development Strategies - Armonk, NY
Your Coach Helping You Create Successful Outcomes

Good morning Brian - a very interesting article.  You would hope they did but I wonder if that happened.

Mar 22, 2022 03:27 AM
Brian England
Ambrose Realty Management LLC - Gilbert, AZ
MBA, GRI, REALTOR® Real Estate in East Valley AZ

Actions always speak louder than words Endre Barath, Jr. even with the best of intentions in mind, haha.

Mar 22, 2022 05:34 AM
Brian England
Ambrose Realty Management LLC - Gilbert, AZ
MBA, GRI, REALTOR® Real Estate in East Valley AZ

Good morning, Grant Schneider my thoughts exactly, I truly hope they did and were able to put themselves in a better position.

Mar 22, 2022 05:36 AM
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Brian, hopefully that gave them a boost, so many have NO savings, and think that is just plain scary.

Mar 22, 2022 06:33 AM
Brian England
Ambrose Realty Management LLC - Gilbert, AZ
MBA, GRI, REALTOR® Real Estate in East Valley AZ

I don't have as much saved as I would like Joan Cox but I could not imagine having no savings at all.

Mar 22, 2022 06:55 AM