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Buyers Are Returning to the Market. Are Sellers Ready?

Tuesday, May 5, 2020   /   by Teresa Dipeso

Buyers Are Returning to the Market. Are Sellers Ready?

In mid-March, the housing market saw a steep decline in buyer traffic and showings. This rapid shift in the business caused great uncertainty about what the near future would look like for real estate.

However in recent weeks, we have seen initial positive signs that buyers are returning to the market and in need of listings to view.

And while we’ll continue to monitor these early indicators, it forecasts good news for the market.

According to a recent report, web traffic to for-sale listings online has risen to levels comparable to past spring markets. While this may seem like an obvious result of people staying at home and browsing online for dream homes, showings are picking up as well.


 ShowingTime recently published that scheduled showings, both virtual and in-person, have been increasing week-over-week since mid-April. This rebound is substantial growth from the decline two weeks prior.


  showing time chart may 4 2020.JPG


From online viewings to showings and sales, these are the first positive signs since March that we could be turning a corner. And while buyers appear to be coming back to the market, sellers are not meeting the demand.

If you are thinking about selling your Jersey Shore property, now may be the time. There are less homes to compete with on the market and there are practices and steps that can be taken to ensure a safe process and minimize social contact.

In a time when things are quickly shifting, it’s critical to use an experienced real estate professional with a digital plan to effectively sell your home and help you navigate today’s market.

The DiPeso Group use innovative technology, online consultations, virtual showings and live home tours to reach potential buyers. We safely coordinate appointments with inspectors, appraisers and contractors to maximize safety. We work closely with lenders and title companies to ensure a safe closing process for all involved.

When you are ready to sell your home, call us. We can schedule a time to meet “virtually” to discuss your needs and concerns. This may be the new normal as we know it and adapting is critical for the successful sale of your property. We provide the systems and solutions to get your home sold as quickly and for highest price possible and look forward to working with you!

Teresa M DiPeso & The DiPeso Group Jersey Shore Real Estate Experts
Teresa M. DiPeso
Long & Foster
Avalon/Stone Harbor/Cape May/Sea Isle/Wildwoods, NJ 08202
609-780-1434

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity program of the Cape May County Multiple Listing Service. Real estate listings held by brokerage are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity program of the South Jersey Shore Regional MLS. Real estate listings held by brokerage are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers.
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