Gone are the days of packed open houses, but people are still on the move pandemic or no pandemic, and as wamu885 reports, there's reason to believe hot real estate markets won't see much of a dip.
Courtesy of/Meli JoziMeli Jozi and her husband Patrick Soleymani just closed on a new house in Vienna, Va. The couple started looking before stay-at-home orders went into effect. Soleymani says the process began like every other homebuying experience in the DMV.
"We actually wrote a letter to the seller. And we told the seller, 'It's hard times. We have some concerns. We escalated on this house. And we're asking to decrease the escalation,'" Soleymani explains. Some people are still going about the homebuying process the old fashioned way and viewing homes in person. But gone are the days of traditional open houses — where listing agents would lay out a spread of wine, cheese and grapes to help woo potential buyers.
"It's going to be unpleasant," she laughs."It's going to be backbreaking work I think. But I think we'll be able to do it mostly ourselves. That being said, I'm in my forties. I do not like the idea of moving myself in my forties. I did it plenty of times in my twenties. I wish I wasn't doing it myself but it seems like the best way to keep as isolated as possible.
"The pandemic is clearly having a negative impact on home sales from the precaution among buyers and also some sellers just not wanting to put their homes on the market. They want an all-clear, reopening of the economy before listing," he says.
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