Real Estate drives a large segment of the economy. It is a tangible asset. Even in the worst of times people need a roof over their head. We thought these stats were interesting and thought you might as well:
In the Triad (Greensboro, High Point, Winston-Salem, NC) market alone over the past 3 days (since the 15 day quarantine was announced) 244 new listings have come on the market and 224 have gone under contract.
In the past 24 hours 94 new listings have come on the market and 55 have gone under contract.
This is a time to be bullish on real estate if you have the financial tolerance. Rates are incredible and there are some lovely new listings hitting the market. If you have been thinking of downsizing or combining households with aging family, there are some phenomenal homes hitting the market.
Reach out to our team for guidance, advice and assistance. We will assist you virtually or in person (while maintaining acceptable social distance of course). So much of what we do is online via electronic signatures, live video showings, online pics and floor plans, etc. We are here to help you and we ask that you help to keep this fragile market thriving!
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