Buying a Home During The Coronavirus Pandemic
Coronavirus has made many things uncertain in our lives. From high school graduates trying to leave for college, to world travelers dealing with border restrictions due to the pandemic, to 16 year olds buying their first car, we are all being affected in one way or another.
Buying a home can seem like an impossible task right now, but you may be surprised to learn there are actually several advantages to purchasing property during this pandemic! Below, we’ve listed a few advantages to buying a home during the coronavirus pandemic.
- Fewer People Shopping – Most people are nervous to buy during this time of uncertainty. This can work to your advantage as there will be less competition to purchase the house you want!
- Low Interest Rates – Interest rates are at an all time low right now, you might as well take advantage of it!
- Surplus of Listings – Covid-19 has pushed many people to change the way they are living and to make big decisions… such as listing their homes for sale! This can help you as there are many home options currently on the market, and not many buyers to compete with.
- Mountain Towns are Safer! – This one is more specific to Pagosa Springs and surrounding areas.. Where would you rather be during a pandemic? A crowded city? Or a serene mountain town with a population less than some larger neighborhoods? I know what my choice is!
These are just some of the pros of buying a home during these strange times. I hope this article has given you the extra push you need to go out and find your dream home! You can view homes currently for sale in Pagosa Springs here, or give us a call to let us know what you’re looking for!