Real Estate Good News In Cleveland, Ohio and The Burbs!

Dated: April 29 2020

Views: 300

The good news in Cleveland, Ohio and The Burbs Real Estate is we are collectively beginning to adapt to this unprecedented situation in some encouraging ways. In the real estate market, many agents are starting to offer virtual showings to reduce person-to-person contact. This allows buyers to make a more informed decision about the property and whether to go see it in person.
Showings are still going on, just with much higher regard to safety and proper social distancing. Yes, even if we can't shake hands on it, homes around Cleveland Ohio and the burbs are still being sold. In fact, some buyers are eager to buy now more than ever. That might sound surprising, but it's simple economics.
The 30-year fixed mortgage rate recently hit 3.29%, the lowest on record since tracking started almost 50 years ago!
Unlike previous drops in home sales, like during the subprime mortgage crisis, this is not expected to last nearly as long. Demand for housing was especially strong before the coronavirus hit, and much of this demand is still there.

What is undeniable is that we are in a unique situation, and rules are changing each day.
If I can help you in any way — whether with real estate advice or anything else — give me a call at (440) 227-4461.
I want you to know I'm here for you!

Blog author image

Rita Legan

It is smart to have someone with 30 years experience on your side. I will be there for you during the sale and beyond. Because your real estate buy or sell is my passion, my sacred trust. I help you b....

Latest Blog Posts

Pop Quiz!: Can You Define These Key Terms in Today’s Housing Market?

Pop Quiz: Can You Define These Key Terms in Today’s Housing Market? [INFOGRAPHIC]Some HighlightsThe language of buying and selling a home may sound scary at first, but knowing how key terms

Read More

Three Hot Topics in the Housing Market Right Now!

3 Hot Topics in the Housing Market Right NowIf you’re a prospective buyer or seller, it’s important to understand the current real estate market conditions and how they affect you. The

Read More

Real Estate Good News In Cleveland, Ohio and The Burbs!

The good news in Cleveland, Ohio and The Burbs Real Estate is we are collectively beginning to adapt to this unprecedented situation in some encouraging ways. In the real estate market, many

Read More

The I get most often is "When is the best time to buy or sell a home?"

When is the best time to sell a house? Friends and Clients —One of the most frequent questions I get is:"When is the best time to buy or sell a home?"I’ll give you my thoughts on

Read More