Thinking of buying a home in COVID times? 5 ways the market has changed

Published On October 22, 2020 | By Nicholas Rahmon | News
Nicholas Rahmon

With the world going back to a new normal due to COVID-19, the need for first-time buyers or those looking to upgrade and purchase a home may be a goal that’s slightly far off.

Because of COVID-19, first-time buyers or those looking to move into a bigger home are met with virtual tours and socially distant contracts.

The same standard also occurred with real estate agents in the midst of placing a property on the market or initializing purchases before the virus arrived.

However, a global pandemic isn’t the only reason why the housing market has become a conversation piece, but rather four other reasons that can make or break those interested in a humble abode.

The infographic found below details the five reasons from the help of REMAX West Realty Inc. Sales Representative Rocco Chiappetta, Manager of REMAX Ultimate Larry Cerqua, and statistics from the Canadian Real Estate Association updated Oct. 15th and Zolo.

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