Perrie & Associates

With all that 2020 has thrown at us, it is hard to believe that we are already nearly halfway through the year. As states begin to reopen in a corona-virus world, and people begin to feel somewhat safer to return to "normal," the housing market is changing too. Of course, the pandemic has greatly affected the housing buying market as states quarantined in April, and according to the National Association of Realtors ' (NAR) Pending Home Sales Index, contract signings fell 21 percent in April. This will likely lead to a significant decrease to closed sales in May, said Lawrence Yun, NAR's Chief Economist. However, experts are seeing some positive trends, and have a more positive outlook for the summer. Forbes reported that Realtor.com's weekly housing report has several highlights for the market including only a 20 percent decrease in new listings May 23, as opposed to a 28 percent decrease the week prior. Median listing prices have also "regained mome...

Summer vacation is looking a little different and many schools are bringing classes to a close; however, the summer season is still on the way. Despite the challenges faced by the corona virus, this time remains popular in the housing market, and many families are looking at packing up and moving to a new home. While parents may be excited about the new possibilities a new house offers, some children may be feeling sad to leave their friends and comforts of home behind, especially while social distancing. It's important for parents to prepare their children for a change, and even real estate agents can help play a part in getting kids ready for the transition. One of the most important things to remember when moving with kids is to communicate. Involving them in the process and keeping them updated will help them to better understand what is happening. Young children may not understand the reasons for moving such as a new job or a larger home; it's easy for them to focus...