• LeAnn Riley

BUY AND SELL IN JULY COVID MARKET



What's happening RIGHT NOW in the real estate sector? As a real estate broker and investing coach, here’s my take on the current market.


Changing Market Conditions


o Has the V Recovery started? YES! The housing market is already in a historic rebound.


Market Update - Covid July – Buyers & Sellers


o The impact of low inventory is creating a sellers market, often with multiple offers.


Positioning your Sell and Buy


o Selling? Be aware of what buyers want—

Move-in ready: Many buyers don't have the skills or interest in updating or repairing their new home.

Have a home office? More peeps with at-home jobs are done working in the kitchen or the bedroom. Can you plan a space that might be appealing?

Is the open concept still viable? Working at home, kids in the house,...too much going on without walls or other separation.

o Buying? Be ready!

Identify your Realtor

Have your financing in order (are you pre-approved?)

Work with your buying team and be ready for quick decisions.


Investors


o Understand the effects of forbearance, and what it means for your next investment.


Times are still tough with the pandemic, but lots of people are

taking action to BUY-SELL-INVEST.


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