Getting through this together...
If you're like me you're really starting to miss seeing friends, family, and people you work with (zoom/facetime just isn't the real thing). I hope you and your loved ones are all staying safe and healthy, and I want to salute those who are courageously serving on the front lines. We each have a role to play containing the spread of the virus and caring for those infected. Together we will get through this.
If you have questions on the benefits of the CARES Act (Coronavirus Aid, Relief, and Economic Security Act) I recommend contacting your accounting professional or trusted financial advisor, but please feel free to call or shoot me a message as I'd be happy to discuss and try to point you in the right direction for answers.
In regards to the housing market, I've been on a number of calls these past weeks speaking with fellow agents, our local office, as well as with our national Coldwell Banker team. Here in Massachusetts, new listings and properties going under agreement have dropped to about 40% of what they were at this point last year. However despite this, we've seen steady pricing and only limited appraisal issues.
While we operate as an essential business, our policy has been to avoid meetings in person and we are strictly against any form of public open houses. We are investing more and more into interactive virtual tools, signings are being handled electronically, and for those serious buyers who do need to move during this challenging time, private showings are being conducted with extreme caution (often limited to two people, must be wearing gloves and masks, agent typically waits outside in separate car, sellers disinfect immediately after). Our #1 priority is to be a part of the solution, if you or anyone you know has questions please don't hesitate to reach out.
Lastly, I'll leave you with a quote:
“In dark times like these, when the suffering is immense and grief is overwhelming, our better angels often emerge.” - Jeff Goodell