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    How Is Real Estate Operating During the Pandemic?

    Although the coronavirus has changed a few of the processes related to buying and selling a home, business is still moving along. I discussed this in further detail on “Your Carolina.”
     

    During my latest appearance on “Your Carolina,” I discussed multiple topics relating to real estate and the coronavirus. 

    The first was whether it’s a good time to sell in Greenville. I pulled the numbers to see how many homes went under contract, and the number was 1,600. That’s actually a 9% increase from last year. 

    Even with the world around us going crazy, real estate is still moving. If someone needs to move, they need to move. Although interest rates are historically low, they are very volatile. Look for them to even out over the next few weeks. It’s really important that you have a professional giving you advice from day to day.

     

    We’re taking every precaution to keep our clients safe.

     

     

    Many mortgage companies, such as Bank of America, are offering mortgage forbearance right now. If you are a homeowner or you know a homeowner who isn’t able to make payments for the next few months, make sure to reach out to them. Communicating with them in this environment is smart because they’ll work with you on forbearance terms.

    Finally, I talked about some of the precautions that we’re taking because of the coronavirus. We’re not holding open houses in person, we’re doing virtual open houses, and helping sellers list via Zoom and electronic contacts. We’re keeping social distance but we’re prepared to help you if you need it.

    If you have any questions for me about buying, selling, or real estate in general, don’t hesitate to reach out via phone or email. I look forward to hearing from you soon.

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