As states begin the process of allowing non-essential businesses to reopen, the question remains, “Are people ready to be social again?” If tomorrow you were allowed to go to your favorite restaurant, bar, cafe, clothing store, ect. and be surrounded by the public, would you? If you met someone new and they went to shake your hand, would you reciprocate? When I run an open house on my latest listing, is anyone showing up? Business open or not, we all …
Category: COVID-19
Buyer’s Market vs Seller’s Market – Where are We and Where are we Going? Many have felt the effects of COVID-19 on the local real estate market. While no one is 100% sure where this all leads, there is some consensus among professionals. I’m here to share that information today but first it’s important to understand what a buyer’s market vs a seller’s market is. You’ve heard the terms before and most know them simply as favoring one versus the …
Thinking About Forbearance? Here’s Some Things you Should Consider The COVID-19 pandemic has caused a financial crisis and has sent a record number of people to file for unemployment. Many companies, especially mortgage providers, have offered to suspend payments to offer financial relief. It may seem like a great idea to jump on board but there’s a lot to consider first. The conveniently named Coronavirus Aid, Relief, and Economic Security or CARES Act, is a bill passed by Congress in …
How Real Estate is Changing to Deal with COVID-19 There’s no denying that the COVID-19 virus is taking its toll on every industry right now, especially the travel and hospitality industries, but as a lot of household purchases have moved to online sales, is the market ready for the same to happen to purchasing a house? Virtual tours are gaining popularity right now and I think they are a great way to begin the process of house hunting in the …
