3 reasons Why People Are Buying Homes

Curious why so many people are jumping on the buying home train? We’re diving in and sharing three reasons why people are buying right now. 

1️⃣ Record Low Mortgage Interest Rates
👉🏼 In 2020, the average interests rate hit a record low 15+ times! 😱 According the Freddie Mac, the average 30-year fixed interested rate today is 2.65%. 

2️⃣ Working From Home
👉🏼 Remote working has become the new norm for many people, families, and businesses. So many people are discovering that they don’t need to live close to an office anymore because they aren’t driving giving them the flexibility to get more for their money by moving a little outside the city limits.

3️⃣ More Outdoor Space
👉🏼 Because people are at home more, they want more usable outdoor space. It’s also driving those that would normally seek city living towards less populated areas, giving them more space and extra square footage!

Pinamonti Lundy Group || Brokered by eXp
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