A common question that our team has been getting lately is, “Are you still showing and listing homes during this time?” The answer is yes! Here in Arizona we have very low inventory (less than 2 months supply), which is a perfect combination for sellers. Interest rates are historically low and for the first time in 50 years, mortgage rates have fallen below 3%. This is great news for buyers and if you have been thinking of refinancing, now is the time to take advantage of these mortgage rates.
When you see Realtors on TV they seem to focus on the glitz and glamour of our profession. But in reality, our team has to help clients during some of the most difficult times in life like death, divorce, job loss or sickness. Situations like these are happening daily. As Realtors, we have to serve those that need our help the most. Over the past few months our team has worked with several buyers and sellers that could not physically travel to Arizona due to quarantine restrictions. We have completed video walk-throughs, facetime calls, zoom meeting inspections, virtual signings. You name it, we have done it. This might not be the most practical way of buying a home but the answer is YES, you can still buy a home without seeing it in person.
During these uncertain times it’s easy to put things off or “wait it out”. Our team challenges you to use this time to position yourself to come out better when this pandemic is over. If you have been thinking of buying or selling in this market, reach out to our team. The experience we offer will help guide you through a smooth real estate transaction.