Selling a House in the Current Market
Every day that passes, people have a need to buy and sell homes. That doesn’t stop during a pandemic. If you’ve had a major life change recently, whether with your job or your family situation, you may be in a position where you need to sell your home this year . While you probably feel like timing these days hasn’t been on your side, making a move is still possible. Rest assured, with the technology available and fewer sellers on the market in most areas, you can list your house and make it happen safely and effectively, especially when following the guidelines set forth by the National Association of Realtors (NAR) and the Centers for Disease Control and Prevention (CDC). You may have a baby on the way, a new employment situation, a parent who moved in with you, or some other major part of your life that has changed in recent months. Buyers have those needs too, so if you’re thinking of selling, know that someone is likely looking for a home just like yours. According to the latest Realtors Confidence Index, a s urvey produced by NAR, buyer demand for homes is strong or stable across the entire country. People are also spending a lot of time on the Internet right now. Buyers are actively looking at homes for sale online. Some of them are reaching out to real estate professionals for virtual tours and getting ready to make offers too. There Is Less Competition Right Now Additionally, inventory across the country was low going into the economic slowdown, and it has only decreased as many homeowners have taken their listings off the market or decided to delay selling their homes until the health crisis settles down. The same survey, however, notes that while seller traffic has been remarkably slow through the spring, and understandably so, listings should be returning to the market this summer.
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