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How Is the Housing Industry Handling States Reopening?

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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

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