Housing Market Turned Upside Down by COVID

Recently, the WSJ published an article outlining and describing how when the pandemic hit the US, and businesses were shuttered, the US real estate market changed over night. Like many businesses, real estate came to a quick halt, but in some regions there was a sudden shift where the market flipped from being a buyer's market to a seller's market, or vice versa.

No matter what type of market you live in, or perhaps you aren't even ready to be "in the market place" this article has some fantastic advice on how to navigate whichever type of market you are working. Here's some of the information which will help you win the home of your dears even without a pandemic:

Seller's Market -

* Control the Bidding War

* Talk to Jumbo Lender's Early

* Weigh Building your Own

* Waive Contingencies

Buyer's Market -

* Ask for Discounts

* Time-Limit your Offer

* Seek Incentives on New Construction

* Offer Non-Financial Deal Sealers

Tuck these ideas away and keep them to use for when you are buying or selling a home. Being a well educated consumer is always an advantage,