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    April 2020 Market Updates

    During these unprecedented times, we hope you and your family are healthy and will remain well. As we do each Quarter, we’re sharing with you an update on our real estate market.  A bright spot in our local economy has been the real estate market. It has been a part of the economy that’s performing extremely well (yes, including March). Real estate brokerage has been deemed an essential service in North Carolina. While there are extra precautions used when working with buyers and sellers, there is still an enormous amount of business taking place. As we move into this new normal, Century 21 Sweyer has systems in place to ensure safety and still be able to help you buy and sell real estate.

     

    2nd Quarter Projections:

    • We believe we will continue to see limited inventory, so for those who want to sell, now is an ideal time to attract buyers.
    • Interest rates have remained low, 30-year rates dipping under 3%. Rates are expected to remain low.  Now is a great time to take advantage of the low rates – buying new properties or refinancing your current home if you aren’t planning on moving.

     

    You’re not in this alone, we’re in this together.  We’re here when you need us.  We’ll help you navigate the changing real estate market.  When you hear of someone who needs to buy or sell real estate, it would mean the world to us if you referred them to us.  We’re here to help you with all your real estate questions and needs, no matter how big or small.  We’re here to be your consultant and advocate.

     

     

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