Resilience of Real Estate Market

One of the biggest surprises of 2020 is the resilience of the residential real estate market. Experts are forecasting that more homes will be sold this year than in 2019, despite the pandemic.  To prove the point, ShowingTime, a leading showing software and market stat service provider for the residential real estate industry, has reported that home buyer traffic increased in July with a more than 60% increase in showings activity over July 2019.

That means there 60% more buyers are setting appointments to see homes than there were at this same time last year. 

This is a sure sign that the housing market is solid and expected to continue to be strong.  What does all this mean?  If you’re thinking about selling your house, this may be a great time to get the best price and the most favorable terms.  It also means, that despite virtual school, and virtual almost everything, it’s better to be proactive and act now!  Hit me up!  I am happy to help!