Today, many people are asking themselves if they should buy or sell a home in 2020. Some have shifted their plans or put them on hold over the past couple of months, and understandably so. Everyone seems to be wondering if the market is going to change and when theeconomywill turn around. If you’re trying to figure out what’s going to happen and how to play your cards this year, you’re not alone.
This spring in the2020 NAR Flash Survey: Economic Pulse, theNational Association of Realtors(NAR) has been tracking the behavior changes of homebuyers and sellers. In a reaction to their most recent survey, Lawrence Yun,Chief Economistat NAR, noted the beginnings of a turn in the market:
“After a pause, home sellers are gearing up to list their properties with the reopening of the economy…Plenty of buyers also appear ready to take advantage of record-low mortgage rates and the stability that comes with these locked-in monthly payments into future years.”
The survey indicates that sellers are poised to list their homes on the market when the restrictions have been lifted. It also indicated that buyers preferences have been impacted. Buyers have shifted their preferences from urban settings to the suburbs. Buyers also are more focused on home offices, bigger yards, and more square footage. If you are considering selling your home please give me a call. There is likely a buyer match just waiting for more inventory.
Hello! Let me introduce myself. I am Meg Liles, a real estate professional with EXIT Midlands Realty in Chapin, SC. We are in a great central location with the beach and mountains all being within two to three hours away! Chapin is also a short commute to our capital city of Columbia. I grew up in Chapin, on Lake Murray and also lived in Columbia while attending The University of South Carolina. The Midlands are my home and I know the area very well.
I have helped numerous buyers, sellers, and investors over the years with their purchase of real estate. I love to work with first time homebuyers as well as buyers looking for their own piece of Lake Murray! I dedicate a lot of time with each of my clients and listen to the ir needs to help them find their home. I would be honored for you to choose me to help you search for a new home!
When I am not working with my clients I enjoy spending time with my children, boating and swimming, and playing the piano!
If you or someone that you know is planning a move in the Chapin, Columbia, Irmo, Lexington, or Newberry area, be sure to contact me! I am available to help you whether you are BUYING or SELLING.
I’ll talk to you soon!
Chapin, SC Real Estate Network: Your real estate experts for the Chapin, Newberry, Irmo and Columbia SC areas. We are happy to have you visiting with us. Providing the most comprehensive real estate site for all of Chapin is our goal! (803) 345-6124.