6,732,926
I dont suspect we will have any rushes to sell, or rushes to buy. More likely a bit of hesitation and distraction.
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Jeff Dowler, CRS
Carlsbad, CA
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Kathleen Daniels, Prob...
San Jose, CA
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Bob "RealMan" Timm
Minot, ND
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Bob Crane
Stevens Point, WI
2,296,988
Too early to know concerning corona-virus but in your real estate market reports make sure you let them know stay tuned. You are the local insider sharing the statistics of absorption rate inventory supply. That you realize investors needs the days on market shift, the news about plant closings or new employment opportunities that all affect the local real estate market that is, the one that is coming. Do you know today what the listing price to sale price percentage is in your local area? If new listings, active listings are down today vs a year ago?
How your area compares A to Z to the statewide stats, other markets? Help investors know this fix and flip is ideal for the first time home buyer if the right amount and areas of TLC are applied to this gem listing priced over half the assessed value. Passion, excitement, here to help will make them link up with you the local authority Tony Lewis ! Those investors find you if your market reports show up one two three on the first page indexes.
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Debe Maxwell, CRS
Charlotte, NC
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Bob "RealMan" Timm
Minot, ND
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Bob Crane
Stevens Point, WI
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Michael Jacobs
Pasadena, CA
4,768,166
Predictions of any kind have never been my specialty so I tend to avoid such discussion.
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Bob Crane
Stevens Point, WI
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Debe Maxwell, CRS
Charlotte, NC
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Kathleen Daniels, Prob...
San Jose, CA
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Bob "RealMan" Timm
Minot, ND
926,045
As all levels and sectors of the economy will be invariably affected, buying power will be severely reduced, at least for the masses. Those with deep pockets will benefit from potential foreclosures and drops in prices due to lower demand.
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Bob Crane
Stevens Point, WI
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Debe Maxwell, CRS
Charlotte, NC
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Eva B. Liland Century ...
Lancaster, CA
195,689
Increase in cleaning services. Once the property is purchased, the new owners will be willing to pay for an extremely thorough, disinfecting cleaning before move in.
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Karen Climer
Orlando, FL
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Bob Crane
Stevens Point, WI
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Debe Maxwell, CRS
Charlotte, NC
5,187,660
Time wil tell if there is an impact or not.
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Bob Crane
Stevens Point, WI
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Debe Maxwell, CRS
Charlotte, NC
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Bob "RealMan" Timm
Minot, ND
1,266,293
On the contrary with that low interest rate, I imagine people want to beat the crowd proactively wanting to buy. Went to an OH(1st oh) it was so full the listing agent says TUES 5 PM is when they will review all written offers. Last home in south SJ, CA the home had unpermitted addition and it received 12 offers sold 120K over.
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Bob Crane
Stevens Point, WI
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Debe Maxwell, CRS
Charlotte, NC
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Bob "RealMan" Timm
Minot, ND
129,748
I think the prices will hold and buyers and sellers will be out in full force as the weather gets warmer. . . . . that is the best thing about real estate it is such a stable investment
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Debe Maxwell, CRS
Charlotte, NC
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Sam Shueh
San Jose, CA
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Bob "RealMan" Timm
Minot, ND
420,390
don't see it really making a difference. buyers may slow down based on stock market losses
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Bob Crane
Stevens Point, WI
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Debe Maxwell, CRS
Charlotte, NC
5,585,039
to this point, they are not affecting our prices....and our open house events are drawing a good amount of visitors....
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Bob Crane
Stevens Point, WI
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Debe Maxwell, CRS
Charlotte, NC
3,439,809
Only time will tell. Market here is showing non stop signs of showings at open houses and multiple offers.
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Bob Crane
Stevens Point, WI
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Debe Maxwell, CRS
Charlotte, NC
1,629,860
They have not affected prices at all right now, Move-in-ready homes in San Diego are selling with 10 to 20 offers on them as of last week. My buyers are facing 2017 conditions.
I just sold a property last Friday for a few thousand over market value as well.
I see no value in hypothesizing about negative doomsday fears when it’s likely this is going to blow over in the next several weeks or at least simmer down as the ADD of America moves us onto the next distraction.
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Bob Crane
Stevens Point, WI
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Debe Maxwell, CRS
Charlotte, NC
3,416,959
Here in NH that is a no. Real estate values are firm with less homes for sale right now in what is normally a mad spring market. The buyers are here. High demand and low supply equalls a continuation in increasing prices.
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Debe Maxwell, CRS
Charlotte, NC
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Bob "RealMan" Timm
Minot, ND
5,525,150
If patience and common sense trump panic, we will survive this temporary blip!
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Debe Maxwell, CRS
Charlotte, NC
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Bob "RealMan" Timm
Minot, ND
2,543,268
Beats me . What I can tell you is that I'm doing more closings than ever as a notary loan closer.
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Debe Maxwell, CRS
Charlotte, NC
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Kathleen Daniels, Prob...
San Jose, CA
8,199,523
Many seniors are practicing social distancing and are staying home.
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Bob Crane
Stevens Point, WI
5,518,112
I REALLY need to get that dang crystal ball of mine to the shop for repair!
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Bob Crane
Stevens Point, WI
231,998
Only time will tell and once this madness is over, who knows? In my area we are very low on inventory and interest are the lowest so make yout=r own conclusion.
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Bob Crane
Stevens Point, WI
1,464,063
Time will tell. It will be interesting. Buyers with down payments coming from stock investments are already feeling an impact.