The last few months’ health crisis has consumers remembering the economic slowdown of 2008. This slowdown, however, is very different from 2008 because this slowdown was created by a health crisis as opposed to a housing crisis. One thing the experts seem to agree on is that despite a decline in economic activity in the second quarter, there will be a sharp rebound in the third and fourth quarters of this year. According to John Burns Consulting:
“Historical analysis showed us that pandemics are usually V-shaped (sharp recessions that recover quickly enough to provide little damage to home prices), and some very cutting-edge search engine analysis by our Information Management team showed the current slowdown is playing out similarly thus far.”
So, if you’re thinking about buying a home this year, there are two things you should do right now:
Call a Mortgage Lender
Call a mortgage lender to get pre-approved for your mortgage – This will give you a very clear picture of how much home you can afford. More importantly, it will let the sellers know you’re ABLE to buy the house and might move your offer to the top of the pile. Check out this link for a few mortgage banker recommendations.
Dream Home Finder
Sign up for our Dream Home Finder program. Tell us where your dream home is and what it should look like and we go out and find it for you – even if it’s not listed yet!
We use our targeted marketing approach to find owners that may consider a sale (but have not listed their homes yet), arrange for you to tour the house and, if it’s absolutely perfect for you, we’ll present your offer to the current owner. We will then list and sell your current property (if you have one) for top dollar, again using our targeting marketing approach.
Best of all, we use our own marketing dollars to find your DREAM HOME. This is an absolutely FREE PROGRAM for you. Call or email us today for more details or click this link to sign up!