Everyone is asking what the real estate market is doing amid the health crisis. Well, our supply of homes is much lower than it was during this time last year. This means we’re in a strong seller’s market.
Pent-up demand with low interest rates means there are more buyers than sellers in the market right now. As a result, prices are increasing, bidding wars are frequent, and houses are selling for top dollar quickly. If you or anyone you know is looking to make a move, now is a wonderful opportunity.
“Prices are increasing, bidding wars are frequent, and houses are selling for top dollar quickly.”
This is a unique moment in the market, and it’s unclear how long it will last. As more sellers enter the market, supply and demand will likely become more balanced. So don’t miss out on this opportunity.
If you’re considering selling your property or have any questions, give us a call or send an email. We’ll show you how we’re getting homes sold safely despite the coronavirus. We look forward to speaking with you.