Given all the volatility in the economy right now, some buyers have put their search for a home on hold; however, some others have not. According to ShowingTime, the real estate industry’s leading showing management technology provider, buyers have started to reappear over the last several weeks. In a recent report, they revealed:
“The March ShowingTime Showing Index® recorded the first nationwide drop in showing traffic in eight months as communities responded to COVID-19. Early April data show signs of an upswing, however.”
Why would people be setting appointments to look at prospective homes when the process of purchasing a home has become more difficult with shelter-in-place orders throughout the country? Here are three reasons for this uptick in activity:
Bottom Line
Many homebuyers have decided not to postpone their search for a home, even in these difficult times. If you need to make a move, let’s connect so you have a trusted advisor to safely and professionally guide you through the process.