During these unsettling times, sellers and buyers are concerned about staying healthy and virus-free as we all are. To keep all parties safe, new procedures should be considered regarding the procedure for showing houses.
Agents are reporting that they are selling homes where the buyers have not physically been in the home and base their decision on the virtual tour found online. Some states have suspended showings because they are not considered essential services and other states have not addressed the subject.
In the spirit of stepping up to do what is necessary, the following suggestions should be considered:
The social distancing and isolation could present some buying opportunities due to a lack of competition. At the same time, the lack of inventory in many markets could keep prices high. Overall, home prices nationwide are stable and, in many cases, continuing to rise which makes it a far less volatile alternative to investing in the stock market.
With mortgage rates being at historic lows, there will probably never be a cheaper time to finance a home.
Thank you again for looking at our listings and let us know if we can help you in anyway.
Please stay safe; wash your hands; practice social distancing and follow all the guidelines necessary to promote good health. We're all in this together!
Read helpful articles and real estate resources shared on behalf Realtor® Broker, BIC Jennifer R. Rhodes of Premier Island Properties LLC