How to Continue Your Home Search During the COVID-19 Pandemic
Generally, spring is the busiest season for real estate — but as with most other areas of life, the COVID-19 pandemic has rendered this spring unimaginably different. A few short months ago, many places were experiencing a strong seller’s market, with high demand from buyers and low housing inventory. However, due to “social distancing” measures, many prospective buyers are delaying their house hunts.
Scour listing photos for red flags
Since you might not be able to instantly see a home in person, pay particularly close attention to what the listing photos are showing you and what they’re not showing. For example, if there are more photos of the exterior than the interior, it could be an indication that the interior needs work. If the blinds are closed in a photo, they could be hiding an unappealing view and if photos appear stretched out, they may have been modified to make rooms appear larger.
Remote showing
Ask your realtor or the listing agent to give you a more realistic view of the home via FaceTime or Zoom. After reviewing the listing photos and virtual tours, think about concerns you may have or parts of the home of which you’d like a more up-close view. Coordinate with the agent to show you these spots using FaceTime.
Scope out the neighborhood
As always, location is arguably the most important factor to consider when you are choosing a new home. Fortunately, tools like Google Earth allow you to get a feel for a neighborhood without leaving the safety of your current abode.
Wondering how much house you can afford?
Click here to access the Mortgage House Payment Calculator. Simply add in the price of the home you are considering and the calculator will return your estimated house payment. Change length of loan and interest rates to adjust results.
Phoenix AZ housing market trends report
View Phoenix AZ Housing Market Report. The data used this Phoenix AZ Market Report is consolidated from multiple sources and includes current listings, recent sales, and more. Whether you are a buyer or seller, the knowledge you gain will help put you in control of your real estate transactions.
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