Number Talk: Reasons to Buy

COVID-19 may have us all stuck at home, but that’s not keeping potential buyers on the couch. In fact, a study from Lending Tree found that 53% of homebuyers are more likely to purchase a home the next year — precisely because of the coronavirus. Among the top motivations:

  1. Taking advantage of record-low mortgage rates (67%).

  2. Ability to save a larger down payment due to reduced spending (32%).

See more in the chart below.