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
Real Estate Good News In Cleveland, Ohio and The Burbs!
Dated: April 29 2020
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!
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....
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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
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