Currently Reading

How Is the Housing Industry Handling States Reopening?

Advertisement

How Is the Housing Industry Handling States Reopening?


May 12, 2020
Lock box real estate showings
By ACA9595

Some may have expected the states reopening to be the party scene in Frozen when they open up the doors of the castle for the first time in years. But for the housing industry, the return to normal has not happened yet even in states that are open for business, according to CNBC. Virtual showings and video tours are still popular as buyers return to the market, but they still want to see homes in person. Meanwhile, sellers are getting cold feet and either pulling their homes off the market or weary of letting strangers in their house. Open houses that do happen are full of masked buyers. To get around the hiccups of selling a home during a pandemic, realtors and builders are setting up one-on-one opportunities and using lock boxes for self-guided tours. One bright side: The desire for in-person showings may give builders an edge, as buyers can more easily do a self-tour of a new home. 

Watch the video to learn more
 

Related Stories

Sales

Zillow’s Year-End Sales and Home Value Forecast

Zillow is forecasting stronger growth in home sales through the end of the year while the rate of home value appreciation will be slower.

Sales

Home Appraisals Are Messing With Sales

"I don’t remember any time where the frequency of buyers being willing to pay so much more than the market data was this high."

Sales

Home Prices Probably Won’t Fall, But the Frenzy is Over

“It’s not like the market is soft. It’s just moving away from that extreme frenzy.”

Advertisement
Advertisement

More in Category




Advertisement
Advertisement

Create an account

By creating an account, you agree to Pro Builder's terms of service and privacy policy.


Daily Feed Newsletter

Get Pro Builder in your inbox

Each day, Pro Builder's editors assemble the latest breaking industry news, hottest trends, and most relevant research, delivered to your inbox.

Save the stories you care about

Lorem ipsum dolor sit amet lorem ipsum dolor sit amet lorem ipsum dolor sit amet.

The bookmark icon allows you to save any story to your account to read it later
Tap it once to save, and tap it again to unsave

It looks like you’re using an ad-blocker!

Pro Builder is an advertisting supported site and we noticed you have ad-blocking enabled in your browser. There are two ways you can keep reading:

Disable your ad-blocker
Disable now
Subscribe to Pro Builder
Subscribe
Already a member? Sign in
Become a Member

Subscribe to Pro Builder for unlimited access

Lorem ipsum dolor sit amet, consectetur adipisicing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua.