{"id":17594,"date":"2020-07-24T11:21:02","date_gmt":"2020-07-24T11:21:02","guid":{"rendered":"http:\/\/www.anthonydidonato.net\/wordpress\/?p=17594"},"modified":"2020-07-24T11:21:02","modified_gmt":"2020-07-24T11:21:02","slug":"buyers-reemerge-with-more-purchasing-power","status":"publish","type":"post","link":"https:\/\/www.anthonydidonato.net\/wordpress\/buyers-reemerge-with-more-purchasing-power\/","title":{"rendered":"Buyers Reemerge With More Purchasing Power"},"content":{"rendered":"<h1 class=\"page-title \">Buyers Reemerge With More Purchasing Power<\/h1>\n<div class=\"pane-node-body pane pane--nodebody\">\n<div class=\"pane__content\">\n<div class=\"field field--body\">\n<div class=\"field-items\">\n<div class=\"field-item even\">\n<p>Despite high unemployment numbers, nearly two-thirds of buyers recently surveyed say they\u2019ve been able to save more money for their down payment due to the shelter-in-place orders this spring. Combined with low interest rates (the 30-year fixed-rate mortgage averaged 2.98% last week), more house hunters say they\u2019re stretching their budgets and searching for larger homes in pricier neighborhoods this summer, according to a new survey from realtor.com\u00ae, reflecting responses from 2,000 consumers who plan to purchase a home in the next 12 months.<\/p>\n<p>Thirty-eight percent of home buyers recently surveyed say they have increased their target price range since starting their home search. Further, 41%of buyers say they are looking to buy sooner because of the COVID-19 pandemic.<\/p>\n<p>&#8220;While the health and economic impact [from the COVID-19 pandemic] has been significant, the U.S. housing market has remained surprisingly resilient, and consumers continue to view home ownership as the foundation of the American dream,\u201d says George Ratiu, realtor.com\u00ae\u2019s senior economist. \u201cHome buyers remain steadfast in the main attributes they seek&#8211;three bedrooms, two bathrooms, and a garage. However, the quarantine has made people rethink where and why they want a new home.&#8221;<\/p>\n<p>Indeed, garages are becoming more popular. Buyers called garages one of the most important home features, according to the survey. Also, renovated kitchens and large backyard spaces ranked among the top features buyers wanted in both the spring and summer surveys. Also, 84% of buyers say they are looking for a move-in ready home.<\/p>\n<p>Longer commutes may not be a deal breaker either. As remote work options have changed the daily patterns for many, some buyers are showing more willingness to live farther away from their workplaces. Nine percent of consumers say they are willing to commute over an hour, compared with 3% who said they\u2019d be willing to commute that far earlier this spring.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div class=\"pane-node-field-news-source pane pane--nodefield-news-source\">\n<div class=\"pane__content\">\n<div class=\"field clearfix field--news-source\">\n<div class=\"field-label\">Source:<\/div>\n<div class=\"field-items\">\n<div class=\"field-item even\"><a href=\"https:\/\/news.move.com\/2020-07-22-Homebuying-2020-Buyers-Intent-on-Finding-a-Three-Bedroom-Two-Bath-House-with-a-Garage-and-Remodeled-Kitchen\" target=\"_blank\" rel=\"noopener noreferrer\" data-di-id=\"di-id-450635ea-f6d4a6e1\">realtor.com\u00ae<\/a><\/div>\n<div>\u00a9National Association of REALTORS\u00ae<br \/>\nReprinted with permission<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Buyers Reemerge With More Purchasing Power Despite high unemployment numbers, nearly two-thirds of buyers recently surveyed say they\u2019ve been able to save more money for their down payment due to the shelter-in-place orders this spring. Combined with low interest rates (the 30-year fixed-rate mortgage averaged 2.98% last week), more house hunters say they\u2019re stretching their &hellip; <\/p>\n<p><a class=\"more-link btn\" href=\"https:\/\/www.anthonydidonato.net\/wordpress\/buyers-reemerge-with-more-purchasing-power\/\">Continue reading<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[16,8],"tags":[5,32,4,9],"class_list":["post-17594","post","type-post","status-publish","format-standard","hentry","category-news","category-real-estate-tips","tag-anthony-didonato","tag-news","tag-real-estate","tag-tips","item-wrap"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Buyers Reemerge With More Purchasing Power - Real Estate Agent and Sales in PA - Anthony DiDonato Broomall, Media, Delaware County and surrounding areas in Pennsylvania<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.anthonydidonato.net\/wordpress\/buyers-reemerge-with-more-purchasing-power\/\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/buyers-reemerge-with-more-purchasing-power\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/buyers-reemerge-with-more-purchasing-power\\\/\"},\"author\":{\"name\":\"admin\",\"@id\":\"http:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/#\\\/schema\\\/person\\\/964792b6994e8cc4cbddc36ad4824908\"},\"headline\":\"Buyers Reemerge With More Purchasing Power\",\"datePublished\":\"2020-07-24T11:21:02+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/buyers-reemerge-with-more-purchasing-power\\\/\"},\"wordCount\":329,\"publisher\":{\"@id\":\"http:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/#\\\/schema\\\/person\\\/964792b6994e8cc4cbddc36ad4824908\"},\"keywords\":[\"Anthony DiDonato\",\"News\",\"Real Estate\",\"tips\"],\"articleSection\":[\"News\",\"Real Estate Tips\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/buyers-reemerge-with-more-purchasing-power\\\/\",\"url\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/buyers-reemerge-with-more-purchasing-power\\\/\",\"name\":\"Buyers Reemerge With More Purchasing Power - 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Skilled, smart and enthusiastic about his work and his life, Anthony DiDonato has the appealing combination of business sense and people skills gives him an edge in an industry that demands both. Educated at Drexel University with a dual major in accounting and finance and minors in management and psychology Anthony DiDonato offers over 25 years of experience in the real estate industry. He has been a real estate investor since 1985 and a member of H.A.P.C.O. (Landlord Association). He became a licensed Realtor in 1992 and a member of the Local, Pennsylvania and National Associations of Realtors. Anthony DiDonato is also a member of the Computerized Multiple Listings, (MLS) and Internet Marketing Programs. In 1997 Anthony DiDonato became Century 21 All-Elite, Inc. Corporate Secretary. Anthony DiDonato believes in taking his profession to the highest level of quality service. He is known for finding that \u201cperfect\u201d property in Philadelphia, Delaware County, Chester County, Montgomery County and surrounding areas in Pennsylvania for his buyers and helping his sellers prepare their properties so they sell quickly and efficiently. When it comes time to negotiate the terms of a contract, Anthony DiDonato has the knowledge, experience, and professionalism applied to meeting \u2013 or exceeding \u2013 his clients\u2019 expectations. His service to his clients is second to none. His honesty and integrity have been his claim to fame. 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