Ep 57: Is the Coronavirus Impacting Real Estate?

So many people across the country are feeling the impact of the coronavirus outbreak from an emotional and financial aspect. But what has it done to the real estate market? Colleen will provide an update on Oregon real estate trends and what she’s seeing from buyers and sellers right now.

On This Episode:

The impact of the coronavirus is being felt across the globe and the United States is closing out a month that saw financial markets come crashing down.

The fear and uncertainty around the pandemic caused a rapid selloff that’s really affected businesses. So much so that the government had to sign a $2.s trillion stimulus package.

With so much negative news around us daily, many people have been asking us how real estate is being impacted? Is this a bad time to try to sell you home? Is Oregon real estate still in a strong position?

Colleen answers these questions on this episode of Keeping It Real Estate and she’ll also give us an update on how everyone around the office is handling the coronavirus outbreak.

Listen to the full episode or click on the timestamps below to hear a specific segment.

[0:52] – How is everyone handling the coronavirus?

[1:49] – Businesses have to adapt and evolve during these times. This is where Colleen’s team is focusing.

[4:07] – We’re all trying to make it through each day as things change so quickly.

[4:53] – An interesting stat on real estate in 2020 versus 2019.

[6:12] – Now is a great time to find out the value of your home and here’s an easy way to do it.

[7:45] – Property ownership can provide equity and give you financial flexibility.

Colleen Quotes:

“We have so many buyers that are still right now ready, willing and able to buy. There’s still inventory needed. So if you’re thinking about selling your home, now is better than later.” – Keeping It Real Estate Podcast

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Show Host

Colleen Benson

Colleen is a licensed Principal Broker in the State of Oregon. She has more than 20 years of experience as a Realtor and has helped build the top Keller Williams team in Salem. Her tremendous team now serves buyers and sellers throughout the Willammette Valley and the Oregon coast. She is the host of the Keeping It Real Estate radio show on 104.3 FM KSLM. The show plays Saturdays and Sundays at 1pm and has been on the air since January of 2019. Don't hesitate to reach out to Colleen if you have any questions about buying or selling real estate in the area!​

Helpful Resources

Home Selling Guide

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Home Buying Guide

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