There are three important market conditions that you need to be aware of right now. The first and most important is that the market is open. Showing restrictions have been eased, but social distancing guidelines remain in place. Another thing to know is that the market is moving. Pending sales and new listings are both on the rise. To learn more about what has been going on, watch the short video above.
Here at the Vierra Group, we’re still able to show homes while complying with social distancing guidelines and keeping buyers and sellers safe, and today I’ll tell you how. Showing vacant properties is relatively straightforward, but occupied homes require a bit more coordination. We’ve also added extra social distancing measures for vendors like home inspectors and appraisers. To find out more, watch the short video above.
I’ve been receiving many questions about how the market is performing and especially how it relates to the 2008 to 2009 financial crisis. So today I’m sharing five simple graphs to illustrate how much healthier today’s real estate market is compared to the last economic crisis. One of the largest differences today is how much more difficult it is to obtain a home loan. In the past, some homebuyers had two home loans, so they had no real investment in their house. Also, back then you could get a loan if you had a low credit score, but that's since changed. To learn more about how today’s market is different from that of 2008, watch the short video above.
We hope this message finds you and your family healthy. Today I’m sharing a few things we’ve implemented to help our clients during this health crisis. In addition to the photography and video walk-through tours we usually provide, all of our listings will now also include 3D virtual photography. As we continue to adapt to our social distancing conditions, this will allow buyers to fully access the home without physically being there. If you have questions about our new protocols or anything related to real estate, don't hesitate to reach out to us.