Offered by: Scott & Lora Nordby – Berkshire Hathaway HomeServices
Real estate has had quite the year, so far. 2020 started out strong, with one of the best spring markets Colorado had ever seen. Early in March, it was business as usual. There were some discussions about the virus, but it was mostly people wondering what was ahead. Very quickly, things began to change. It went from normal behaviors, with some added precautions, to online showings only. Even so, real estate adapted, and people were still getting to closing. With the goal to get the economy up and running again, the governor has relaxed some restrictions and is allowing in-person showings to resume (with some of the extra precautions we’ve gotten more used to in recent weeks).
It should be noted that the state’s response to COVID-19 is still very fluid, as it should be. The safety and health of our communities is very important. That said, we’re beginning to hear some questions from clients about what to expect in the coming weeks and months..
Goals Matter Most
Your decision whether to list your home or buy a new home depend entirely on your goals. The economic impact is being felt by everyone, in every household. Students who depend on entry level jobs to pay rent may be moving home. You may have a mortgage that you can’t afford without a better income stream. Talk with your REALTOR® about your challenges so you can make a plan that works for your family.
In times of difficulty, fraud tends to increase. Desperation can blind us to potential risks. When you make the decision to buy or sell a home, do your homework. Ask people you trust for referrals. Interview them carefully. If something sounds too good to be true, ask for more information or just walk away. A REALTOR® can offer you some peace of mind, so whatever decision you make, you know you are making it with the most current information.
Don’t Cut Corners
We’ve all heard the old adage “You get what you pay for.” Even a smooth real estate transaction can be stressful. With other difficulties factored in, there’s never been a better time to work with a REALTOR® who is knowledgeable and experienced. There are so many moving parts to a real estate transaction, in addition to the changing economic landscape. Work with someone who keeps your best interests at the forefront of every decision.
If you find yourself overwhelmed and need help making a decision, there’s never been a better time to talk with a REALTOR®. If you don’t have one, or just have questions, please call 303-905-8850. We’ll make sure you talk with someone who is knowledgeable about real estate and your local market.