{"id":1100,"date":"2020-05-22T21:45:59","date_gmt":"2020-05-22T21:45:59","guid":{"rendered":"https:\/\/www.propertypistol.com\/blog\/?p=1100"},"modified":"2024-01-18T14:02:56","modified_gmt":"2024-01-18T08:32:56","slug":"covid-19-changes-in-the-preferences-of-prospective-homebuyers","status":"publish","type":"post","link":"https:\/\/www.propertypistol.com\/blog\/covid-19-changes-in-the-preferences-of-prospective-homebuyers\/","title":{"rendered":"COVID-19: Changes in the preferences of prospective homebuyers"},"content":{"rendered":"\n

The main reason why homebuyers<\/strong>\u2019 mindset has changed is due to the challenges related to price discovery and job stability. <\/p>\n\n\n\n\n\n\n\n

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Changes in Homebuyers preferences during COVID 19<\/figcaption><\/figure>\n\n\n\n

With open houses canceled throughout the globe and many brokerages switching to virtual showings, it is clear that the way people experience homes on the market is already influenced by the COVID-19<\/a><\/strong> related restrictions blanketing much of the country.  Moreover, the experience of spending so much time at home may change the way people feel about houses in general. <\/p>\n\n\n\n

The survey was conducted during April 20-27, 2020, with a sample size of nearly 2,000 prospective buyers throughout the globe. 62% prospective buyers choose to purchase a home from leading developers with least project execution risks even if the real estate<\/a><\/strong> property is relatively higher priced. <\/p>\n\n\n\n

Let\u2019s have a look what are the priorities set by home hunters<\/p>\n\n\n\n

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