Keeping It In Perspective

It’s hard not to be confused these days with all the information that’s being pushed at us.

It’s enough to make you want to turn off the TV and disconnect from the Internet.

While we can’t speak to the medical issues, we can offer some perspective about the economy and the housing market. As you know, we make it a point to stay in touch with experts on the local, state and national levels, so we can offer the best advice we can to our clients. (Note: We’re not financial advisors.)

The media is reporting that the current unemployment rate is on par with the Great Recession and Depression. But it also important to know that major financial institutions expect the high rate to be short lived.

While our hearts go out to those who have lost their jobs or are currently furloughed, we also need to remember that most of us (thankfully) are still employed. It’s probably safe to assume that it was virus related restrictions and concerns — not necessarily the economy — that caused most buyers and sellers to put their plans on hold.

In terms of the housing market, we are where we were in March. It’s a sellers market with a buyer pool that is arguably getting deeper. As the weather improves and restrictions are lifted, buyers will become more active looking to be settled on the Cape in time for their stay-cations. So, savvy sellers should begin marketing their homes sooner rather than later to beat the competition.

If you’re ready to discuss your options as a buyer and/or seller, we’d be happy to meet with you to discuss current conditions and how we can safely market your home using the latest technology. (See the next section.)

Please contact us at 508-568-8191 or [email protected]. We can meet virtually or at a safe distance wearing our masks.

One of the “positives” that has come from our virus crisis is how we’ve all learned to innovate to do our jobs. Many have discovered that working at home is a viable option to the daily commute. For us, we’ve learned that listing appointments can be easily and conveniently conducted using Zoom or other similar technologies.

Matterport, which is a virtual home tour, is another example of innovation that will probably remain popular in the future. If you’re not familiar with it, please check out this explanation that we posted last week on our social media platforms and on our YouTube channel, where we archive many of our videos and postings. Using Technology to Market Your Home.

We continue to see signs and other expressions of support and encouragement pop up around the area. Here’s another that caught our eye.

Stay healthy; stay optimistic.

Mari and Hank