Today, many people are asking themselves if they should buy or sell a home in 2020. Some have shifted their plans or put them on hold over the past couple of months, and understandably so. Everyone seems to be wondering if the market is going to change and when theeconomywill turn around. If you’re trying to figure out what’s going to happen and how to play your cards this year, you’re not alone.
This spring in the2020 NAR Flash Survey: Economic Pulse, theNational Association of Realtors(NAR) has been tracking the behavior changes of homebuyers and sellers. In a reaction to their most recent survey, Lawrence Yun,Chief Economistat NAR, noted the beginnings of a turn in the market:
“After a pause, home sellers are gearing up to list their properties with the reopening of the economy…Plenty of buyers also appear ready to take advantage of record-low mortgage rates and the stability that comes with these locked-in monthly payments into future years.”
The survey indicates that sellers are poised to list their homes on the market when the restrictions have been lifted. It also indicated that buyers preferences have been impacted. Buyers have shifted their preferences from urban settings to the suburbs. Buyers also are more focused on home offices, bigger yards, and more square footage. If you are considering selling your home please give me a call. There is likely a buyer match just waiting for more inventory.
Hello!! I have lived in the Columbia, SC area for over 10 years and am a licensed real estate agent for EXIT Midlands Realty in Chapin, SC. I am also a member of the Central Carolina Realtors Association.
I grew up in West Virginia, and moved around the east coast after finally moving to S.C. I live with my wife, my little girl Emerson (our first!) and our dog and cat in the Irmo, SC area.
For 10+ years I have enjoyed working as a recording engineer/producer in a Columbia recording studio. Through working with thousands of different recording artists, I understand that every client has very individual preferences and needs, just like real estate… and being a people person, I aim to give my clients great service!
I would love to help you with your real estate needs, whether you are SELLING your home or BUYING your first home, property, or the home of your dreams!!
To contact me, feel free to call me on my cell phone at 803.556.3215, or email me at firstname.lastname@example.org
120 Pacific Avenue$192,400 Single Family 3 Beds, 2 Baths, 1
""I was referred to Steve in the late part of 2015 from a co-worker that bought a house and at the time I was mentally ready to buy but my credit scores/budget was not. I called Steve back in 2015 to get information which he gave me some financial companies to try but at that time I could not get the financial approval. I told Steve at that time that I needed to work on my credit scores and I will call him back. Again this was 2015…. Thinking that I would never hear from him again since I was not prepared, Steve continued to call me every few months to check on the status of my situation and he continued to give me feedback, general information and tips along the way. Not only was I a single parent with a poor credit score, but I had faced some other challenges such as 2 surgeries in 2016 and a job layoff. Thankfully, through all of this, I continued to payoff credit cards and work on my credit score and finally in July of 2017, I got the approval I needed to purchase my very first home. And of course, the first person I called was Steve! Let’s face it, relationships don’t even last as long as the relationship Steve and I established in finding my 1st home. The customer service and communication that Steve provided is rare in this day and age. Thankfully I closed on my very first house 2 weeks ago and I am overjoyed with excitement that I am able to provide a home for my child. Steve was with me every step of a way and is a testimony for others out there looking to acquire home ownership or for the ones that feel it will never happen. I would recommend Steve Slavich with the Exit Realty team any day and will continue to place my trust in him for any future real estate endeavors that I may embark upon. Thanks Steve!""