Due to Covid-19, there are obvious challenges to both people looking to sell and buy homes. In normal times, sellers would be looking to take advantage of the typically robust spring housing market. Home buyers would be looking to capitalize on the current ultra-low interest rate environment, coupled with the presumed flood of new homes listed for sale. While that may not be how the spring market of 2020 is shaping up as of yet, Zillow has just reported that there are actually more homebuyers actively looking for homes online than a year ago. For the week ending April 13th, home search views have increased by 13% compared to last year. Clearly the demand to buy is still there, and home buyers are looking to enter into the market.
Believe it or not, now may be the perfect time for home sellers to list their home and capitalize on this demand, as well as home buyers to continue to take advantage of the interest rates remaining low and look for bargains on homes that remain on the market! Reach out to your Advisors Mortgage Loan Officer today to discuss all your home buying and selling questions!
We Are Happy To Help – Call us at 855-LOANS-USA or visit us at AdvisorsMortgage.com
Source: https://bit.ly/2W55H2z
By: Jon Iacono