The buying segment we are currently missing is the relocation buyer who had planned to move here from other states or countries. Airline traffic is down it is and hard to know if local companies will follow through on job transfers and new hiring. It remains to be seen if this segment will put off their moves by months or more.
For now, I continue my optimism when it comes to real estate. I enjoy being at showings with people who are excited about their next move and it is great that some sellers are willing to open their doors for those buyers. Proctective gear and social distancing are still the norm.
I look forward to my note next week, when the state is (hopefully) in phase 1 of the Governor's reopening. It will be interesting to see what change that brings to our local real estate market. In the meantime, stay safe and have a fabulous week!
Teri Adler, MBA