As a Realtor, I understand the amount of work both buyer and seller put into purchasing and selling a property. Throw in this Coronavirus social distancing and it gets about 20 times more complicated.
Is it a good time to buy, in my opinion YES. That's because there are homes to sell, interest rates are low, rental rates are very high, this Coronavirus will end. Once that happens, hopefully sooner than later, interest rates will go up, more buyers will be out looking and competition will increase.
It is still a very good idea to not be any closer than 6 feet from another individual. Also, if you are sick, have been sick in the last 14 days or have been exposed to anyone who has been sick in the last 14 days, please do not ask a Realtor to show you properties. Can you still see houses, YES, but be prepared to answer health questions, follow the homeowner's precaution requests and have your temperature taken.
You do not know if that Realtor or the home owners are immune compromised or have elderly people they care for. The responsible ethical thing to do is to wait. This illness is spread by contact with an infected individual, who may not show symptoms for 14 days after they were exposed and can still be able to spread the virus up to 14 days after becoming symptom free. Keep track of those you have been in contact with, it could matter a lot to someone. This is not a time to panic, this will end. It is a time to take precautions, be mindful of others and limit everyone's exposure. Who is your neighbor, Jesus would say everyone.
. Thank you for your diligence and caring for others.
Georgia Weaver, Broker/Owner, Weaver LLC, REALTORS, 607 Lake Ave, Storm Lake IA
If you have questions please call me at 712-291-0118.