Monthly Archives: August 2020
A Crazy Housing Market By Jeff Stewart, CCIM
A Word From Jeff
This seems like a pivotal time to reach out, so I want to share some thoughts with you about what I currently see in the housing market. For those of us in the residential real estate world, it seems like we went from going at breakneck speed before COVID, to a total shutdown, and now we are surging to warp speed. With limited inventory due to concerns about exposure to the virus, a now unflinching demand has led to extraordinary stories of multiple offers. Buyers, while frustrated, are generally willing to visit occupied homes and cope with the COVID showing protocols, which often include masks, gloves, booties, and signed COVID statements / releases. In short, we are working hard to keep everyone as safe and it seems to be effective.
In a market as tight as ours, it is critical that buyers and their agents craft their offers to be as creative and competitive as possible. This is where the experience of the agents AND their clients can be of a great benefit. If you are interested in a property, but are concerned about seeing it in person or convinced that you will simply be out bid, I am available to discuss the various strategies we use to enhance offers.
On the other hand, if you have been holding off on selling due to COVID, I would urge you to reconsider. Now is absolutely the time to move any residential property while inventory is almost non-existent. This period is offering sellers a rare moment in time. As for selling your personal home, we have made great strides in safely marketing occupied homes. If you would like more information about our company protocols, please do not hesitate to call. In the meanwhile, please stay safe and healthy!
Jeff Stewart, CCIM
PLEASE READ: Texas law requires all real estate licensees provide the Information About Brokerage Services (IABS)
to prospective buyers, tenants, sellers and landlords. Please see the link above.