The Covid-19 pandemic has devastated the world economy, but even the ripple effects of virus’ spread has done little to slow down homebuyer activity in the United States. According to Kim Coyle, the co-founder of leading home selling service, Property Buyer Today, LLC, “Everyone thought that 2021 was going to be a really terrible year, but with the way things are looking, it doesn’t seem like that is going to be entirely true. In fact, low inventory and high demand has caused the prices of properties to significantly soar the past few months.”
Kim Coyle adds, “But don’t let these numbers fool you. Any seasoned real estate investor knows that in order to see the real picture of the industry, you need to go beyond demands and selling prices of properties. And honestly, if you take all the data and analytics into consideration, things do not look as pretty as they appear.”
She adds that according to studies released earlier this year, around 10 million Americans are behind not just on their rent, but utilities as well. That’s roughly around 18% of all renters in the country. Meanwhile, another study conducted towards the end of 2020 suggests that 2.8 million American homeowners have mortgages that are in forbearance. In simpler terms, this means that they’ve requested for a pause on their mortgage payment. This current point in the housing climate leads to increased speculation and interest.
“Fact is, many are still struggling financially. Regardless though, people are still making efforts to be able to afford a new home. The stay at home order has forced the function of our homes to evolve–from a place of rest to a place of just about any activity you can think of. This is one of the key drivers for property demands. People have spent less money throughout the pandemic, which in some cases, has led to more people having more resources for a payment on a home. That said, while vaccination is helping alleviate some of the trends caused by the pandemic, we still have a long way to go before we can actually say that we’ve bounced back,” Kim Coyle adds.
Property Buyer Today, LLC is a leading real estate consulting agency that services Philadelphia, Charlotte, Tampa, and much of the United States as a whole. They’ve been buying and rehabbing homes for more than 20 years now and are known for offering homeowners an easy way to sell their houses fast. The company prides itself with the ability to provide clients with a simple selling process that leads to quick cash settlement. To know more about them, you may visit https://www.propertybuyertoday.com.
Navy Veteran Davis Chris Takes the Music Industry by storm
In life, you need to break down anything that might be holding you back and change course if need be...
5 Disruptive Leaders Paving the Way in 2021
Where there is uncertainty, lies a whirlwind of opportunity. 2020 was the year that had entrepreneurs learn a great deal...
Brock Pierce Wants To Disrupt The Two Party System And Be Your Next President
We don’t usually cover politics much here at Disrupt, but when Crypto billionaire and friend of the show, Brock Pierce...
John Mcafee – Predictions For The Future
John McAfee is a world-famous tech CEO, computer scientist, civil disobedience activist, privacy advocate, and pioneer of the commercial anti-virus...
Gaby Wall Street – Teaching Latinas to Thrive During The Crisis
It’s no secret we are facing one of the most challenging financial times of the last few decades as we...
Tony Delgado – The #1 Entrepreneurship Movement In Puerto Rico
Puerto Rican online market is in constant progress. With many entrepreneurs who are coming here to start a business, it...
Elena Cardone – The 10X Ladies Conference Is Declaring 2020 The Decade For Women
The next ten years are meant for women to continue growing their potential and succeeding in multiple areas, including business....
How Josh Elizetxe Built Snow Into a $40 Million Dollar Business
There is nothing quite like an entrepreneur’s determination when starting a business. That’s my original quote by the way (pun...
How Jason Capital Became A Self Made Millionaire By 24
Have you ever wanted to earn the respect of everyone who ever looked down on you at some point in...
Sam Bakhtiar On His Way To A Quarter Billion
Dr. Saman Bakhtiar, who prefers being referred as Sam, lives in an 8200 square foot $5.2 million house, Sam is...
Entrepreneurship2 weeks ago
Stefano Malachi: From Humble Beginnings To Top Instagram Star
Executive Voice3 days ago
Interview With Japanese Artist DANTZ
Entrepreneurship5 days ago
How First Generation Romanian American George Horga Jr. is Juggling Faith, Family, Music and Business.
Executive Voice7 days ago
Husband & Wife entrepreneurs are the rising stars of the credit repair industry as respective homeowners get new loans approved
Branding1 week ago
VR/AR Global Summit 2021: Victoria VR announced a partnership with Altered Ventures
Executive Voice1 week ago
Vegan wines and spirits? Two Latinas come together to push this segment to the forefront
Executive Voice6 days ago
Interview With Illinois Artist Mudd Bughatti
Executive Voice2 weeks ago
Payiza Is Dominating The Blockchain Payments Industry: Bibin Babu, Co Founder