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We are in a seller's market, and this is what it means for you

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16.09.2020

Sam DeBianchi of DeBianchi Real Estate discusses changing trends in the housing market, specifically what trends have changed amid the coronavirus.

Depending on which report you read and on which day of the week, you can find conflicting quotes about the real estate market in certain areas.

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One thing agreed upon by all is that we are in a seller's market, and it's a good market for both sellers and buyers. Interest rates are low, and cash buyers are ready to go.

On a more specific level, there are segments of the market that are hotter than others. Move-in-ready, entry-level homes are in huge demand, for example.

Over the recent past, fixer-upper homes have been selling with multiple offers for exceptionally high prices. Any home that is not updated or appears tired and dated may be classified as a fixer these days. There has also........

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