With all that is happening, “are people still buying and selling real estate?”
Hi, I’m Sonya Fores with Faith & Vision Realty! With everything that has been happening in the last three months, a lot of people have been asking me, “are people are still buying and selling real estate. Can I buy a home?” In this video, I want to address some questions you may have about buying and selling real estate in 2020.
- Is right now a good time to sell my home?
Believe it or not, right now we don’t have enough houses to sell to people who want to buy! The demand is high, so yes, in my professional opinion, I think it’s a good time to sell. Regardless of everything going on, the market is always dictated by supply and demand and right now the demand outweighs the supply.
- Is it a good time to purchase a home?
The answer is also yes. The reason so many people want to buy right now is interest rates are so low! One of San Diego’s downfalls is affordability and having low-interest rates addresses that. Being a buyer is competitive right now so get out there and find your next dream home!
- Am I going to lose my home due to financial hardships because of COVID?
If you find yourself in this situation, there are solutions but you must seek out proper guidance. Whether you are facing foreclosure, short sale, etc., there is NOT a one-size-fits-all solution. Seeking out proper counsel will help you in getting the right help you need.
Despite everything going on, the real estate market is still thriving. Whether you are selling, buying, or need counseling, we are here to help. Please feel free to reach out with any questions!
Social/Email Copy: Are you wondering if now is the time to buy or sell real estate? Check out my latest video where I answer all the questions you may have about buying or selling real estate in 2020.