While the pandemic has affected many of us in some way, the housing market is still as active as ever, and the process for buying or selling a home is largely unchanged. This article covers some home buying/selling facts that you should be aware of in case you’re in the market.
Home Buying is Just as Competitive as Ever
It’s understandable how many would think the market would be more barren considering the financial climate. However, with lower interest rates, people are being incentivized to buy homes.
Home Prices
If you’re thinking the prices are going to drop because of the virus, that’s probably not the case. Like in most any other time in history, the cost of a home is going to depend on trends and location.
In-Home Visits
If you’re uncomfortable touring a home in person due to COVID, ask for pictures or a video walkthrough from the realtor. This will help you narrow down houses that may be contenders.
How DuGood Can Help
If you’re looking for your next place to call home, we’re here to help you navigate the process safely. Here are a few resources that you might find helpful along the way:
- First Time Buyers Guide – Step by step tips for your house hunt. Download our FREE eBook!
- EZ Mortgage App – “Contactless” home buying at its finest. Apply from your computer or mobile device, sign documents, and receive updates.
- Mortgage Calculator – Quickly calculate your monthly payment and see how much interest you will pay.
Our friendly Mortgage Team is here to answer your questions, so you can have peace of mind. Don’t hesitate to contact them at (409) 726-2126.
