In the world of real estate, May typically means that we are in full Spring selling season. However, this year is like none that we’ve experienced before. No one could have predicted COVID19
May 2020 Real Estate Update
Dated: May 1 2020
Views: 297
In the world of real estate, May typically means that we are in full Spring selling season. However, this year is like none that we’ve experienced before. No one could have predicted COVID19 and the rippling effect that it would have. So let’s talk about how COVID19 is affecting our local real estate market. There are multiple factors that need to be considered.
Here in Metro Atlanta, we still have a significant shortage of inventory. As a matter of fact, with people practicing social distancing and home quarantining, fewer homes have entered the market. As a result, the already-limited inventory is now even slimmer. Simply put, we are definitely in a Sellers market!
For our seller clients, we have put some new methods in place to market your home. Virtual Open Houses, Video Tours and Virtual Showings all get virtual visitors to your home while limiting physical visitors at the same time. When there is a showing, we’ll accompany the Buyers and their Agent to ensure all visitors act responsibly.
This pandemic is certainly challenging for some sectors of our economy but there are some positives now as well. Interest rates, for example, have returned to an all time low! This means that a Buyer can get more home for their money. At Atlanta Communities we are experiencing an incredible amount of real estate activity. Contracts are still being written and closings are still taking place. This is good news!
Whether you are looking to buy or sell property right now or are simply curious about how the housing market is doing, I’m here for you. I have the technology tools to help you search and see homes online. And we have best practices in place to list, show and sell real estate while adhering to CDC guidelines. Reach out and let's discuss your questions. I want to do my best to help my clients, friends, and family to navigate the challenging waters of real estate and COVID19.
Stormy Curtis, 770.262.8575, scurtis@buygeorgiarealty.com
Stormy Curtis
Whether you’re looking to buy, sell, lease with an option to purchase, or invest, I can help you on your journey! I understand you’re not just buying a property, but you’re buying a home that ne....
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