As the country reopens and starts to lift COVID-related restrictions, more people are getting back into the housing market—but many sellers are still concerned with how the pandemic will impact their home sale.
According to a new survey from LendingTree, more than 80 percent of sellers are concerned their home won’t sell—and almost 70 percent of sellers would accept a lower price in order to sell their home in the midst of the pandemic.
The Takeaway:
What does that mean for you? While this concern isn’t the best news for sellers, it is good news for buyers. Sellers are willing to lower their home price in order to successfully sell their properties, at least for the time being. So, if you’re thinking about buying, now could be a great time to score a deal on your home purchase.
