Month: April 2020

Buying a Home Right Now: Easy? No. Smart? Yes.

In this confusing time, many are wondering if they should be buying of selling a home. I want to share a wonderful article with you from a trusted source of mine, Keeping Current Matters.

Buying a Home Right Now: Easy? No. Smart? Yes. | MyKCM

Through all the volatility in the economy right now, some have put their search for a home on hold, yet 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 the latest 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:

1. Some people need to move. Whether because of a death in the family, a new birth, divorce, financial hardship, or a job transfer, some families need to make a move as quickly as possible.

2. Real estate agents across the country have become very innovative, utilizing technology that allows purchasers to virtually:

  • View homes
  • Meet with mortgage professionals
  • Consult with their agent throughout the process

All of this can happen within the required safety protocols, so real estate professionals are continuing to help families make important moves.

3. Buyers understand that mortgage rates are a key component when determining their monthly mortgage payments. Mortgage interest rates are very close to all-time lows and afford today’s purchaser the opportunity to save tens of thousands of dollars over the lifetime of the loan.

Looking closely at the third reason, we can see that there’s a big difference between purchasing a house last December and purchasing one now (see chart below):Buying a Home Right Now: Easy? No. Smart? Yes. | MyKCM

Bottom Line

Many families have decided not to postpone their plans to purchase a home, even in these difficult times.

I hope this was helpful. Remember, if you need to make a move, contact me today. As your have trusted advisor I will safely and professionally guide you through the process. I have technology available to do any form of virtual walk-through necessary should you not be able to visit in person. Stay safe!

While at home right now, Seniors have time to think about downsizing…

How to Downsize Your Home for Less Stress as You Age

If you’re ready to downsize your home for less work and more enjoyment as a senior, this guide is for you. We’ve put together a list of downsizing resources to help you explore your housing options, sell and declutter your current home, and prepare for moving day.  

Explore Your Housing Options

How to Choose the Perfect Retirement Home for You

Moves to Make Now to Age in Place

Senior Housing Options and Retirement Guide

Get Ready to Sell Your Home

6 Tips for Seniors Preparing to Sell Their Home

Learn How to Sell Your House Quickly

Real Estate Pre-Listing Cleaning Checklist

Get Rid of the Stuff You Don’t Need

Decluttering Tips for Seniors (Make Your Home Safer and More Organized)

7 Places to Sell Your Stuff Online for Real Money

Storage Units in Williamsburg, VA (Within the Past 180 Days, Movers Paid $75.44 on Average)

Simplify Your Move

How Much Does It Cost to Move?

8 Benefits of Hiring Local Movers

Moving Company Scams: How to Detect and Prevent Disaster

Now that you have all the information you need to downsize your home, it’s time to begin your search for a new house that allows you to live safely and comfortably as you grow older. Aging is never easy, but we can make it easier! Downsizing will simplify your life and make the process of growing older a whole lot more enjoyable.