Well hello Haverhill! Safe to say that our real estate market in April was anything but business as usual! Below is your Haverhill market report:
The numbers still show that business in Haverhill is still going on! 44 single family homes sold out of a total 77 available. That’s more than half the homes selling, 57% to be exact.
We’ve had to switch to virtual consultations and virtual/socially distant home tours but the industry is adapting and homes are still getting shown and sold.
All of these changes affect home values, including yours. If you want to know the new value of your home, click below for a free home evaluation:
For the buyers out there, keep in mind most sellers and their agents are requiring pre-approval letters, face masks and gloves to view a home now. Because of COVID-19, they only want well qualified, serious buyers inside the home. What this means is that it’s even more important than ever to get your financial documents in order because if the right house comes along, you’ll want a fair stab to tour the home. Buyers are still out there. I’m still seeing homes with multiple offers, even during this pandemic.
People have been asking me if the market will crash like the 2008 financial crisis. I have no crystal ball, but I don’t foresee that happening. We’ve had a shortage of homes for some time now. Some buyers are feeling uncertain with their job stability given the corona virus situation, but I think there’s pent up demand building up while people wait out this quarantine. Interest rates are still a record low so if you’re in a position to buy, it’s still a great time to buy.
Everything is in a limbo state. Let’s see how it plays out. Be safe everyone!
So there you have it! Your Haverhill market report. Did you find this info helpful? Comment below if you’d like to see reports on neighboring towns!
Your friendly neighborhood realtor. 😉