{"id":15650,"date":"2020-05-20T11:11:00","date_gmt":"2020-05-20T18:11:00","guid":{"rendered":"http:\/\/www.roryc.ca\/blog\/?p=15650"},"modified":"2020-05-20T09:28:10","modified_gmt":"2020-05-20T16:28:10","slug":"its-a-great-time-to-sell-buy-a-new-home-this-year","status":"publish","type":"post","link":"https:\/\/www.roryc.ca\/blog\/2020\/05\/its-a-great-time-to-sell-buy-a-new-home-this-year\/","title":{"rendered":"It&#8217;s A Great Time to Sell &#038; Buy A New Home This Year"},"content":{"rendered":"<p style=\"text-align: justify;\">Ask anyone and they\u2019ll quickly tell you 2020 isn\u2019t the year they signed up for.<\/p>\n<p style=\"text-align: justify;\">The COVID-19 pandemic has taken the global economy to the cleaners. Millions have lost jobs and businesses are shutting down. While we hope for the best, the signs aren\u2019t very promising.<\/p>\n<p style=\"text-align: justify;\">As a homeowner, you probably know too well what an economic crisis can do to the housing market. The Recession of 2008 is an example of how a declining economy can send property prices to the floor.<\/p>\n<p style=\"text-align: justify;\">This brings us to the question: Is 2020 the right year to change homes? And if yes, what are the reasons?<\/p>\n<p style=\"text-align: justify;\">Keep reading for more insight.<\/p>\n<p style=\"text-align: justify;\"><strong>How Does the Residential Real Estate Market Look in 2020?<\/strong><\/p>\n<p style=\"text-align: justify;\">Although the coronavirus crisis has affected the American economy greatly, it\u2019s still too early to tell whether there\u2019ll be a long-term, adverse effect on the real estate market.<\/p>\n<p style=\"text-align: justify;\">Right now, though, we do know what\u2019s happening.<\/p>\n<p style=\"text-align: justify;\">As a result of the stay-at-home orders and because of how coronavirus is transmissible from person to person, it\u2019s not a safe time to sell or buy a home. Checking out a house at this time potentially means interacting with surfaces and other people, thus enhancing your chances of contracting the virus.<\/p>\n<p style=\"text-align: justify;\">That being said, it\u2019s still possible to sell your house if you\u2019re determined enough. By taking the right precautions and safety measures, you can put your home on sale and even buy another one.<\/p>\n<p style=\"text-align: justify;\"><strong>Reasons to Change Homes This Year<\/strong><\/p>\n<p style=\"text-align: justify;\">Sometimes a crisis brings opportunity to some people. As a homeowner who wants to sell and move, you might have a good chance right now.<\/p>\n<p style=\"text-align: justify;\">Here are reasons to be active in the real estate market and property sales tips to work with :<\/p>\n<p style=\"text-align: justify;\"><strong>Avoid Uncertainty<\/strong><\/p>\n<p style=\"text-align: justify;\">2020 was forecast to be a great year. The economy was doing well. Mortgage approvals were on the rise, meaning more and more people were getting ready to snap up homes.<\/p>\n<p style=\"text-align: justify;\">It\u2019s impossible to think of this year without factoring in the effects of COVID-19. Where there was certainty, there\u2019s now uncertainty. You just don\u2019t know how home values will change as the year progresses.<\/p>\n<p style=\"text-align: justify;\">If you really must move, or if your home is an area where property values are likely to be significantly impacted by COVID-19, why not sell it right now and do away with the uncertainty?<\/p>\n<p style=\"text-align: justify;\">If you\u2019re wondering where you will find a buyer, there are investment companies that\u2019ll snap up the property if the price is good. With cash in your pockets, you won\u2019t have to lose your sleep over market uncertainties.<\/p>\n<p style=\"text-align: justify;\"><strong>It\u2019s a Great Time to Buy a New Home<\/strong><\/p>\n<p style=\"text-align: justify;\">During an economic crisis, you\u2019ve got a good chance of buying a great home at a throwaway price \u2013 if you know where to look. There\u2019ll be people in financial distress looking to offload their homes quickly and at a lower price.<\/p>\n<p style=\"text-align: justify;\">Even property development companies are willing to listen to lower offers on their units because sales have gone down.<\/p>\n<p style=\"text-align: justify;\">As such, if you\u2019ve not been financially affected by this crisis, jump into the market right now and look around for deals. You\u2019ll find a good one.<\/p>\n<p style=\"text-align: justify;\"><strong>Sell Your Home, Snap Up Another One<\/strong><\/p>\n<p style=\"text-align: justify;\">No one would have guessed 2020 would slip away from the script, but such is life. As a homeowner, this time presents you with a unique opportunity to change homes while possibly saving money. With this guide, you now have a better understanding of the market and how to approach it.<\/p>\n<p style=\"text-align: justify;\"><a href=\"https:\/\/realtybiznews.com\/change-homes-key-reasons-to-sell-your-home-in-2020\/98758734\/\" target=\"_blank\" rel=\"noopener noreferrer\">Change Homes : Key Reasons to Sell Your Home in 2020<\/a> by Jamie Richardson | Realty Biz News<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Ask anyone and they\u2019ll quickly tell you 2020 isn\u2019t the year they signed up for. The COVID-19 pandemic has taken the global economy to the cleaners. Millions have lost jobs &hellip; [<a href=\"https:\/\/www.roryc.ca\/blog\/2020\/05\/its-a-great-time-to-sell-buy-a-new-home-this-year\/\">read more<\/a>]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[13],"tags":[],"class_list":["post-15650","post","type-post","status-publish","format-standard","hentry","category-real-estate"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>It&#039;s A Great Time to Sell &amp; Buy A New Home This Year &#8226; Rory C Real Estate | Oakwyn Realty<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.roryc.ca\/blog\/2020\/05\/its-a-great-time-to-sell-buy-a-new-home-this-year\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"It&#039;s A Great Time to Sell &amp; Buy A New Home This Year &#8226; Rory C Real Estate | Oakwyn Realty\" \/>\n<meta name=\"twitter:description\" content=\"Ask anyone and they\u2019ll quickly tell you 2020 isn\u2019t the year they signed up for. 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