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U.S. Sellers Ready to Jump Back into Market When COVID-19 Eases

Mortgage News > U.S. Sellers Ready to Jump Back into Market When COVID-19 Eases
Date: 05/12/2020    U.S. Sellers Ready to Jump Back into Market When COVID-19 Eases

In a recent survey, the National Association of Realtors found that 77% of their agents have clients ready to put their homes on the market as soon as the coronavirus shutdowns lift. That may correspond to the 77% of Americans now on unemployment who expect to get their jobs back as well. And 73% of real estate agents with clients currently selling homes say those clients have not reduced their asking prices at all since COVID-19 hit. In fact, the national median home prices is up 8%, perhaps because new listings are down 41%.

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