Homebuyers Are Still Buying During The Pandemic Of COVID-19


Premier Homes By Angela, The Key To Your Real Estate Experience
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Homebuyers Are Still Buying


While stay-at-home restrictions and social distancing guidelines have made buying and selling a home more challenging for many, it’s not stopping serious real estate consumers.

According to a recent Economic Pulse Flash Survey by the National Association of REALTORS®, those determined to buy a home right now are being proactive about making it happen. While respondents reported that 60 percent of clients are delaying home-buying activities, serious buyers have stepped things up a notch: Prior to the coronavirus crisis, the average number of homes toured before making a purchase was nine; in the current environment, homebuyers are only seeing three homes before making a decision.

Buyers are also adapting to a virtual transaction environment, connecting with REALTORS® via live video, social media, e-closing technology, e-signatures, virtual tours, messaging apps and WebEx/Zoom. In fact, according to 25 percent of respondents with clients in purchasing contracts, at least one of their homebuyers moved forward on the purchase decision without ever physically seeing the property.

If you're struggling with how to move forward on your real-estate buying decision, consider the following:

- Most brokerages and agents have had the technology in place to handle virtual transactions for some time. They’ve now quickly and seamlessly implemented it to keep business flowing as best possible during the pandemic.

- Interest rates are hitting new lows, something that might be worth taking advantage of.
- As investments go right now, real estate may be your best bet. A home is one of the safest long-term investments, now more than ever.
- More people putting their home-buying plans on hold means less competition and fewer bidding wars for highly desirable properties.
- You’ll also be dealing with serious sellers who are highly vested in selling their homes right now. This could mean more room for negotiation on price.

Be sure to talk to a professional real estate agent for sound advice on the best course of action for your particular circumstance.

Premier Homes By Angela awaits your call to assist you with buying or selling your home, (844) 385-SOLD.  Our goal is to be your For Life REALTOR® as we assist in building the communities of Atlanta up through homeownership.  We provide you with educated, knowledgeable guidance that can only be made with accurate, reliable, and projected market information.  We use proven repeatable systems for client successful results.  We are happy to be a trusted professional resource for you and your family.  Thank you for the opportunity to provide you with this blog, we look forward to answering any questions you may have and to the opportunity to be your REALTOR® in the future.  Your Dream Our Mission, we are the KEY to your real estate experience!

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Source: http://articles.engage121.com/b.php?content=0883c112e6dafd684ef38a60b6db71ee_5d3c347db4986889f5257d9ee54848c4