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.
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.