Mike Hege joins me to discuss the facts and dispel unhelpful hysteria surrounding the performance of our real estate market amid the COVID-19 pandemic.

 

Despite what you may be hearing, real estate is still moving. As my guest, Mike Hege, explains, there are fundamental principles associated with prudent home selling and home buying that don’t change when the circumstances do. Of course, there are fewer listings these days, but at its core, our real estate market is still healthy—and it’s primed to stay healthy. 

Cited below for your convenience are timestamps that will direct you to various points in the video. Feel free to watch it in its entirety or use these timestamps to browse specific points at your leisure: 

1:37 - How and why smart, financially prudent buyers are still buying in this environment

4:41 - Don’t make your long-term decisions based on short-term problems

7:57 - Addressing the misleading notion that home values are decreasing 

8:44 - Pent-up buyer demand could fuel a V-shaped recovery 

10:16 - The two types of buyers and sellers in our market right now 

13:37 - Contrasting the current crisis with the Great Recession of 2008 

16:26 - How lending practices have changed since the Great Recession 

18:39 - Ideas on how to help local businesses amid the pandemic 

22:18 - TreesCharlotte’s awesome Earth Day promotion: Free tree seedlings 

23:48 - Wrapping things up 

I hope you found this discussion both informative and positive. If you have further questions about what was touched on in this video, or if you’re interested in buying or selling a home soon but aren’t sure how to proceed in these times, reach out to us. We’re always here to help.