Can I sell my house during the COVID-19 pandemic?
Yes, you can still sell a home during the coronavirus pandemic, particularly now that states are beginning to reopen.
Is it safe to sell your home during such an outbreak?
There are several precautions your real estate agent can take to safely show your home to interested buyers. Masks on, shoes off, and hand ...
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At the beginning of the crisis we had 136 weekly contracts signed in Manhattan. That number progressively went down during the crisis to reach a low of 31 contracts signed 12 weeks into the crisis. Last week was week 13, and we had 61 contracts signed! Could be the first sign of a recovery? In a normal market we ...
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Condo sales volume dropped by more than $20 million last week.
A total of 49 condos in Miami-Dade County sold for $30 million last week. That’s compared to 47 units that sold for $54 million the previous week. Condos last week sold for an average price of about $616,000 or $362 per square foot.
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We would all like to own a crystal ball to look into the future and now more than ever we are asked about what’s going to happen in the next few months. Well, I am not going to be as bold as to offer my own forecast (I like to be like Switzerland: neutral ;o) but here are some meaningful insights from Noah Rosenblatt at Urban Digs, an expert and a real estate data company I trust.
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You’ve been able to find your perfect house even during the pandemic and you’re now ready to make an offer, congratulations! Here is some advice on how to prepare an offer without expecting surprises.
1. How low can you go?
Not as much as you would think.
“Banks have rolled out mortgage forbearance programs, so most sellers are not in immediate danger of losing their home, even if they just lost their job or their income has been significantly cut,” says Caleb Liu, ...
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