The spring home-buying season is normally one of the most lucrative times for real estate and property investors - but things have changed this year due to COVID-19. With data readily available, it is easy to see how the 2020 corona-virus outbreak and social distancing policies have impacted real estate opportunities and the home-buying process ➔
Does this mean it is a bad time to buy a house?
People are worried about job security. There is still a lot of pent-up demand in the housing market for both home-buyers and home-sellers. Inevitably, there will still be some lasting impact on the housing market moving forward but ultimately it will be nothing like 2008.
Mainstream consensus is don't expect to find great bargain deals if you are looking for a recession opportunity. The demand is there and sellers are not panicking. As with most industries, demand will v vary from region to region.
➔ HomeTraq's exclusive listings of homes and properties is a sure way to view these properties quickly so you don't miss out!
HomeTraq provides home-hunters with the opportunity to experience the #1 home-shopping experience for FREE. There is never any obligation or commitment. Simply find your dream home and choose how you would like to tour properties.
Social distancing policies may still be one of your concerns and that is why we have made live video home tours available. See your dream home from the comfort of your living room ➔