Many people would likely think that buying or selling a house during a pandemic is a futile endeavor. In this life of varying restrictions, where businesses are open one week and closed the next, and where people are at varying levels of comfort when it comes to interacting with strangers, it may seem like an impossible task.
However, you may be surprised to learn that even during a pandemic, the real estate market has been doing better than ever in many places. One of the main reasons for this trend is the fact that federal interest rates have been at nearly historic lows, and many people have been eager to take advantage of that. In addition, the real estate market has been getting increasingly more technical, (in a good way) leading to innovations in how home tours are conducted and how transactions are handled. If you’re considering buying or selling a home, talk to your local realtor for their input – you may have nothing to worry about!