Is it even possible to sell a home during a pandemic? While there are plenty of reasons to want to reconsider, there are also reasons why people have been very successful in selling a property during this pandemic. Here are a few of those reasons.
Many people are taking advantage of new technologies in the real estate sector. From virtual tours to electronic signatures, people have been able to purchase properties without ever seeing another person face-to-face in real life.
Federal mortgage rates have been exceptionally low. This means that buyers are eager to take advantage of them, keeping demand at a relatively stable place.
Businesses or services related to real estate are typically among the first to be reinstated. Most state governments are eager to reinvigorate the economy, and there are few things that do that better than the sale of a home. Before and after the sale, a large number of services are needed to help the buyer settle in.