I feel like these are such uncertain times. New information comes out each week. We had plans to List our house in May and move this summer. What should we do now?” PETER AND STEPHANIE W., FISHHAWK, LITHIA
Great question and we get this a lot. We have found that there is much less competition currently then normal for this time of year. This has created an opportunity for sellers to not have to compete with other listings. To find out more details, we can break it down on a price range perspective for supply and demand.
Our real estate team believes safety is first and we have shifted our business to allow for virtual listing appointments, secure online paperwork, virtual showings, desktop appraisals, and drive up closings. The demand will offer a surge in the market once social distancing is lifted. But in the meantime, interest rates are still at an all-time low and buying a house is becoming more affordable than ever.
We still are getting multiple offers on properties in the first week they go live in this market! Buyers who are looking now are serious buyers. So my expert advice is to still follow your plan for Listing in May.
If you have any safety concerns we can accommodate and I think you will find that the Real Estate Market is doing surprisingly well. My Listing Team and I are also happy to talk through all your concerns at 813.909.3444. TONY BARONI