COVID-19 sent shock waves throughout the real-estate industry. But did it make now a good time to buy a property? The answer to that question will largely depend on what you plan to do with the home — particularly if you are an investor.
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The Value of 1%
When you purchase a home, the real estate listing price and down payment is only a small part of the equation. Once you have signed the dotted line, paid the closing costs, and turned the key to your home, you have some new numbers to consider.
Arrive by boat or by car! Homes with front and back bay views on Siesta are rarely available. Listed at $5,925,000, this five-bedroom, six-bathroom home boasts 7,443 square feet and six garages.
As we have had the pleasure of being a full household over the past several weeks, we have also found a wonderful way to keep our middle school daughter engaged with art. She has been focused on acrylic pouring techniques for creating new works of art. As she has gained experience, we have increased the challenge. The picture above shows her largest challenge to date – a 30 x 40 canvas.
March started out as a strong month for the U.S. housing market. However, by the second half of the month, the first indications that the coronavirus pandemic would weigh on home-selling activity began to emerge according to a report from Realtor.com.
