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Sellers: Buyers want your home NOW!

Thursday, October 15, 2020   /   by Vanessa Saunders

Sellers: Buyers want your home NOW!


By Vanessa Saunders, MBA, MIMC , Broker Owner, Global Property Systems Real Estate.

The real estate business is one of the few bright points in our economy during the Covid-19 pandemic. With food services cut to 25% capacity, events and group entertainment shut down to all but ZOOM meetings, and retail activity limited to Amazon Prime, real estate is the one star continuing to shine growth numbers into the economic mix.

According to Mark Fleming, Chief Economist for First American, “Since hitting a low point during the initial stages of the pandemic, the only major industry to display immunity to the economic impacts of the coronavirus is the housing market. Housing has experienced a strong V-shaped recovery and is now exceeding pre-pandemic levels.” Which is why NOW is the time to put your home on the market.

The number of buyers looking for Hudson Valley properties is still strong. Instead of slackening in September and October. ShowingTime, a company we use which tracks the average number of buyer showings on residential properties, just announced that buyer showings are up 61.9% compared to the same time last year.

The National Association of Realtors (NAR) revealed that, while home sales are skyrocketing, the inventory of existing homes for sale is dropping dramatically.

Anyone thinking of putting their home on the market should not wait. A seller will always negotiate the best deal when demand is high and supply is limited. That’s exactly the situation in the real estate market today.

Next year, when the pandemic is hopefully behind us, there will be many more properties coming to the market. Don’t wait for that increase in competition in your neighborhood. Now is the time to sell. Next year, when the pandemic is hopefully behind us, there will be many more properties coming to the market. Don’t wait for that increase in competition in your neighborhood. Now is the time to sell.

To find out more about selling your home, or for more information, CONTACT US.


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Global Property Systems
Vanessa Saunders MBA MIMC CIPS - NYS RE Principal Broker
56 Lafayette Avenue Suite 320
White Plains, NY 10603
914-290-5258


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The data relating to real estate for sale or lease on this web site comes in part from One Key, Inc. Real estate listings held by brokerage firms other than Vanessa Saunders - Global Property Systems are marked with the One Key, Inc logo or an abbreviated logo and detailed information about them includes the name of the listing broker.

The information appearing herein has not been verified by One Key, Inc or by any individual(s) who may be affiliated with said entities, all of whom hereby collectively and severally disclaim any and all responsibility for the accuracy of the information appearing at this web site, at any time or from time to time. All such information should be independently verified by the recipient of such data. This data is not warranted for any purpose.

©2021 One Key, Inc. All rights reserved.

The data relating to real estate on this website comes, in part, through the IDX of the Multiple Listing Service of Ulster County, Inc. Real estate listings held by brokerage firms other than Vanessa Saunders - Global Property Systems are marked with the IDX logo and detailed information about them includes the name of the listing broker.
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