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Real estate sales continue even with COVID-19
In the month since Gov. Gary Herbert asked Utahns to start making efforts to social distance, real estate sales have continued in Northern Utah. Even with the new measures, home buyers and sellers have found success as Realtors have helped them use virtual tools and have implemented new safety procedures. From March 16 through April 15, Northern Wasatch Realtors sold more than 730 homes despite the challenges from COVID-19. In Weber County, Realtors actually sold more homes than they did during the same time in 2019. There were 388 sales, which is a 2% increase from the 379 transactions last year. The median sales price in Weber County rose 12% to $280,000. Davis County felt a stronger impact from the …
NAR on Coronavirus
In response to the concerns about COVID-19, commonly referred to as coronavirus, the National Association of REALTORS® is providing guidance to help REALTORS® respond to the coronavirus’s potential impact on the real estate industry. Any updates from NAR and its response to the coronavirus emergency will be collected on this page. Of note, NAR has issued information and guidance on the following: Coronavirus Guidance for REALTORS® Coronavirus Emergency Legislation: What REALTORS® Need to Know Coronavirus Guidance for REALTOR® Associations Coronavirus Resources and Guidance for Employers Coronavirus Resources for Property Owners Coronavirus Guidance for Commercial Real Estate Be sure to refer to the CDC’s website for up-to-date information about COVID-19 (link is external), as well as information about the coronavirus’ current impact in the …
Stay safe while buying and selling during the coronavirus outbreak
As every aspect of our lives is disrupted by the coronavirus, many home buyers and sellers are wondering how the outbreak will affect their real estate transaction — especially as we head into the busiest buying season of the year. Last week, the National Association of Realtors surveyed Realtors to ask them about the impact the coronavirus was having on transactions. While the vast majority of respondents said the virus had not affected buyer and seller interest, about one in four said they had changed the way a home is viewed, including implementing increased safety measures as part of the home-selling process. This article provides several safety tips you can incorporate as you buy and sell homes this spring. Using …
