Even though these numbers look bad, they are being compared to this time last year. We are dragging behind last year due to COVID19 delaying our spring market, but pendings are about to catch up with last year. Overall, our total inventory has leveled out, which means we are selling as much as we are putting on the MLS, and the rest of the inventory is not selling due to price, condition, or location.
Article previously published by HouseLogic.com: It’s a confusing time, but lenders are putting remedies, like forbearance, in place to help homeowners. Mortgage lenders, and the federal agencies that regulate lenders, are putting coronavirus mortgage relief measures in place to ensure homeowners have options if they’re unable to make payments. Your first stop in the face of financial hardship is your lender or bank. Just keep in mind lenders are working to figure out and implement
We are getting a lot of questions regarding the market and whether it’s a good time to be buying or selling a house. The good news is yes! Life events are still requiring sellers to sell, and buyers to buy. Good houses that are priced right always sell no matter what market we are in. Yes, showings, new listings, pending transactions, and inventory are down overall compared to this time last year, but houses are
We hope you and your family are healthy, safe and trying to have some special family time during these trying times. This time gives us an opportunity to: Have Virtual Chats with friends and family through https://www.zoom.us/! A lot of us are doing virtual happy hours with our Mom groups, team meetings, kids living out of state, and parents who live at a distance. Have Safe Distance Neighborhood gatherings – sit at the end of your