Month: April 2020

Waiting for Price Cuts Due to the Pandemic? Keep Waiting

NAR’s study identified the three out of 4 Realtors say their sellers see the pandemic as a short term problem that will pass – and they’re not panicking and discounting asking prices.

WASHINGTON – On the lookout for a very good offer on a new household? Keep looking.

In accordance to a new study from the Nationwide Association of Realtors®, approximately three in 4 Realtors at present operating with sellers this week – 74% – documented their clients haven’t reduced listing prices to attract potential buyers. This implies interested household sellers are remaining calm and steering clear of stress marketing during the uncertain economic atmosphere introduced about by the coronavirus pandemic, in accordance to the corporation.

“Consumers are primarily abiding by remain-in-shelter directives, and it seems the recent decrease in purchaser and seller exercise is only short term, with a majority prepared to strike the sector in a couple of

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