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Avenue Realty Shenandoah Valley Blog

Wednesday, June 3, 2020   /   by Kelly Morrison

Is Now A Good Time to Buy or Sell Real Estate?

Is Now a Good Time to Buy or Sell Real Estate?



31 May 2020  by Kelly Morrison




Traditionally, spring is one of the busiest times of the year for real estate. However, the coronavirus outbreak—and subsequent stay-at-home orders—led many buyers and sellers to put their moving plans on hold. In April, new listings fell nearly 45%, and sales volume fell 15% compared to last year.1


Fortunately, as restrictions have eased, we’ve seen an uptick in market activity. And economists at Realtor.com expect a rebound in July, August, and September, as fears about the pandemic subside, and buyers return to the market with pent-up demand from a lost spring season.2


But given safety concerns and the current economic climate, is it prudent to jump back into the real estate market?


Before you decide, it’s important to consider where the housing market is headed, how it could impact your timeline and ability to buy a home, and your ...

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Tuesday, June 2, 2020   /   by Kelly Morrison

How Has The Real Estate Process Changed?

HOW HAS THE REAL ESTATE PROCESS CHANGED?


As the pandemic hit, real estate and mortgage professionals across the country revised their processes to adapt to shifting safety standards and economic realities. While these new ways of conducting business may seem strange at first, keep in mind, military clients, international buyers, and others have utilized many of these methods to buy and sell homes for years.


New Safety Procedures


The safety of our clients and our team members is our top priority. That’s why we’ve developed a process for buyers and sellers that utilizes technology to minimize personal contact. 


For our listings, we’re holding online open houses, offering virtual viewings, and conducting walk-through video tours. We’re also using video chat to qualify interested buyers before we book in-person showings. This enables us to promote your property to a broad audience while limiting physical foot traffic to only seriou ...

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Avenue Realty Shenandoah Valley
Kelly Morrison
413 W Main St
Waynesboro, VA 22980
540-649-5000

The data relating to real estate for sale on this web site comes in part from the Charlottesville Area Association of REALTORS®. Real estate listings held by brokers other than the firm whose site you are accessing are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing Brokers. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed and should be independently verified by the consumer. © COPYRIGHT 2020 Charlottesville Area Association of REALTORS©, Inc. All rights reserved.
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