Is it a good time to SELL? to BUY?

We had momentum going into 2020 and it was like a rushing river about to overflow its banks! The virus has interrupted this flow…but only temporarily.

So is it a good time to sell? Is it a good time to buy?  The short answer is, it is always a good time if you are ready. There will always be interrupters in real estate and sellers/buyers must be aware and not overly concerned with them too deeply. Team Café Realty insures a safe and comfortable experience with virtual and electronic systems for no in-person contact business practice.

The more immediate situation is…if I sell where will I go? Knowing where you will go is most of the challenge in today’s environment because knowing your destination will help simplify the process. We are here to guide you through challenging times by addressing your important concerns.

Here are some important points about the current market in order to establish a “next normal” mindset:

FOR SELLERS:

• decide where you will go
• a robust market is expected, the market is only on pause and momentum will return
• buyer demand is high
• sellers should sell when they need to 
• home values have remained the same
• city dwellers are looking for more privacy, distance and seclusion
• remote working will be part of the next normal
• digital systems and tools are essential
• unoccupied homes are more appealing to virus-conscious buyers
• occupied homes will need special logistics

FOR BUYERS:

• decide on an area that fits your needs – suburbs or exurbs?
• a robust market is expected, the market is only on pause and momentum will return
• interest rates are low
• home values have remained the same
• mortgage money is available (some guidelines have changed)
• remote working will be part of the next normal
• digital systems and tools are essential

If you are planning to sell in 2020, we welcome your questions. If you are planning to buy in 2020, we are here to guide you! Cafe Realty provides comfort and safety in this time of uncertainty.