Do You Have To Sell Your Home At a Discount Due of Covid-19?

In mid-March the entire market freaked out. Buyers cancelled contracts and lenders changed underwriting guidelines. We recommended several of our owner-occupied listings take their houses off the market temporarily. I had been tracking the rolling 7-day average of homes going…

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In mid-March the entire market freaked out. Buyers cancelled contracts and lenders changed underwriting guidelines. We recommended several of our owner-occupied listings take their houses off the market temporarily. I had been tracking the rolling 7-day average of homes going under contract to gauge the direction of the market. To give you an idea of how bad a shock we went through and how fast it happened here are the number of homes that went under contract in the entire Austin MLS the previous 7 days…

Eric Peterson – Broker / Owner
512-791-7473
Eric@KopaRealEstate.com

Joyce Ai Vee Peterson – Ph.D / Realtor
512-657-9402
Joyce@KopaRealEstate.com

KopaRealEstate.com
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