With the coronavirus putting a pause on the economy, in my opinion the housing market was actually affected less than most people think. The interest rates plummeted in March, we saw a dip in demand in April, but there were still homes being bought & sold. Now in mid-May we are seeing a huge upswing in the number of buyers out shopping for homes! The inventory in the housing market is extremely low and has been for the last year or so, not just due to COVID-19. With that being said I believe that many people are waiting for the pandemic to pass before putting their home on the market, whether for fear of the virus or fear that it will not sell quickly due to the virus. The opposite is true! Because of the lack of inventory and now this upswing in buyer demand, the competition to buy homes is fierce (especially in the $200,000-$300,000 price range). If you're thinking about selling your home in the next few months, definitely take this time to get your house ready to sell. Here are a few tips & tricks on how to get your home sold quickly and for the highest price:
I hope this helps as you prep your home for sale! If you have any questions or need free staging advice comment below.
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