We've touched on two differences that the coronavirus is causing in residential real estate sales; the cumbersome arrangements now required just to see a house for sale, and how wearing masks will help buyers hide their interest in a home. What else is changing? The...
Diana has a great list of seller tips for the coronavirus era: Move out of the house before selling, if possible. Step up the staging. Virtual tours (I do video walk-arounds). Live private individual virtual tours. Vet buyers carefully. Don't overprice - buyers aren't...
They send out this survey twice each month - on the 15th and 21st - so these agent comments above were based on their market observations around then. Hopefully they have gotten back to work by now: Town Zip Code New Listings Since April 1st New Pendings Since April...
The drone video tour: Here's a snapshot of the coronavirus market - there are plenty of lookers:
New listings, new pendings, and more showings are happening everywhere. Regardless of what you think about it, there are people who are proceeding with their plans to buy and sell homes. The industry is cautious, and you see it in the showing instructions. I haven't...
Tips for buyers and sellers for successfully navigating a buyers’ market.
Everything seems like "If" these days, but if we had a market comeback, the dates of a modified and compressed selling season would be fairly predictable, looking at it logically. The actual results will be a matter of compression and intensity. If there isn't much of...
Our new listing fell out of escrow, which deserves an explanation these days - and more support! Two showings set up for this afternoon - Happy Easter!
Prices dropping in the 'low single digits' doesn't sound like a frozen or desperate market. Their first story is about a guy who is looking at homes in Florida priced at $15 million? That's relevant to the national housing market?...
We noted last week how the jumbo mortgage market is back-pedaling in two ways. Banks stopped funding jumbo loans with 10% down payments, and the program that qualified the self-employed borrowers by using their last 24 monthly bank statements was also terminated. The...
