Buy a home

Before the pandemic, 2020 seemed like as good a time as any to buy a home. Now everything has changed.

During spring, buying a home was not a realistic possibility since most states were under lockdown. Now that states are opening up again, you may be wondering if now is a good time to buy a home. Or should you wait?

Here are 3 things to keep in mind as you decide if now is a good time to buy a home:

  1. Interest rates are lower – Meanwhile, interest rates are lower than ever! Average interest rates on thirty-year mortgages are around 3.25% with about 2.74% on 15-year mortgages.
  2. Lenders are becoming stricter – Lenders aren’t quite as willing to give out loans because the pandemic has negatively affected the economy. Their credit requirements may be stricter as well. You’re going to need to be in a strong financial situation (be financially secure and able to put down a larger down payment). If you are financially stable and your credit is solid, this shouldn’t be an issue.
  3. There aren’t as many sellers – Many homeowners removed their homes from the market or simply decided not to list their houses as a result of the pandemic. Financial situations changed for many sellers, which means moving may no longer be an option for them. Other homeowners simply don’t want to deal with finding another home in the middle of a pandemic.

The real estate landscape has altered significantly due to the pandemic. Depending on your situation, now might be a very good time to buy a home. For more advice, contact Randy Lindsay today.


Randy has enjoyed over 27 wonderful years in the Real Estate industry making dreams come true for homeowners.

Superior customer service is #1 to Randy and he provides this to all of his clients using knowledge, professionalism, integrity and persistence.

Randy is a successful and experienced real estate agent who expertly represents both buyers and sellers. Scores of Charlotte area residents have trusted Randy in the process of listing their homes to sell.

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Real Estate in Rock Hill,

Fort Mill and surrounding

York county

Reviews on Zillow
"Randy was very easy to work with. He was open and honest, and always there to answer any questions or concerns we had. He was available and worked ... more "
by Diana Holliday
"My wife and I worked with Randy to sell our home located in the Lake Wylie area. Great job of preparing the information and advertising for the ... more "
by Bruce Dycus
"Randy actually helped us sell our old house and buy our new house. He was honest and hardworking and sold our home in a week. We were pleased with ... more "
by Jennifer Tobin
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