We’ve all heard about 2020 being a tough year. Well don’t get prospective home shoppers started! It’s been an unexpected challenge, right up their with toilet paper, cleaning products and exercise equipment!
Low interest rates, plus the change in plans for a lot of people due to COVID-19, meant that home Last week a buyer that seemed to get beat out every time they made an offer was finally able to move into their first home! Just like most years, things go in cycles and this year the election was the impetus of a more buyer friendly market. Traditionally the market slows down in late summer, when people start taking more trips, going to concerts and avoiding the heat. This year it didn’t happen. One thing that happens alost every year, is the ability to pick up homes more affordably during the holidays through late January.
One slight change from the pandemic is that the whole world seemed to learn how to use Zoom, as well as the evolution of several other virtual meeting programs. The time it used to take to meet with buyer’s has dropped, as many people are happy to meet their Realtor virtually and get acquainted without stepping foot outside their homes.
So if you’re still considering home buying, waiting until springtime like everyone else may end up costing you!
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