Coronavirus Has Already Triggered a U.S. Housing Market Crash. Homebuyers of NC is STILL buying virtually!!!
CCN reporT:
Home Prices Come Crashing Down
Redfin reports that prospective home sellers are now rushing to accept a lower prices. The median price of homes that were newly listed for sale in the week ended March 29 fell to $309,000 – a drop of $21,000, or 6%, from the prior week.
List prices in the U.S. housing market are already dropping quickly | Source: Redfin
The drop in pending home sales was another alarming metric. Redfin reports that pending home sales plunged 42% annually during the week. This drop is not surprising as mortgage applications for the week ended March 27 fell 11% from the prior week.
Prepare For More Pain
The fact that home sales, prices and supply are all going south at the same time indicate that the housing bubble may have finally burst. That’s not surprising as people are less likely to buy real estate under the current circumstances.
After all, the number of Americans filing for initial unemployment claims has been going through the roof of late. The Labor Department reported that 6.6 million Americans filed for initial unemployment claims for the week ending April 4. This was the second-largest number on record since 1967.
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Here are just a few of the people we’ve bought houses from and have been very happy to share their experiences with us.
What Others Say…
It’s important to us that the homeowners we work with have a great experience with us. In the end, we’re not happy if we’re not able to provide you with the solution you want. So, check out what others have said about us. Here’s just a few snippets of what other people we’ve worked with have said.
Want to share your own experience with us? Send us a note to let us know what working with Homebuyers of NC has been like for you.
“My wife and I wanted to thank you guys for everything you did for us, it was an amazing experience that we’ll always remember. Your company is more than just people that buy real estate. I submitted the property that I inherited from my mother at 11:00pm at night, and they sent me a very fair offer by 1:00am. It was incredibly fast, we did the agreement and started the process. Patrick found out that the property needed to go through probate, they happened to have an attorney that deals with these for other people selling their home. To make a long story short and sum it up, this is how selling our property to Homebuyers of NC went… They made a very fair offer, the attorney probated our house in 9 days, we did not touch the property ( it was a wreck ), and we closed immediately after the title was clear. We would have never been able to do this without you guys, this company is by far the most professional home buying company in Orange Park.”
“I’m really impressed with your team, and how easy you made it to sell my house”
“The best house buying service in Jacksonville, I give them my highest recommendation.”
“Thanks for everything!”
“Without a doubt, this is the best way to sell your house in Wilmington!!! If you’re skeptical.. don’t be, give them a call and you will see what I mean. They really will buy your house for a fair cash price, and make it easy.”
“I would have never thought selling my house could be this easy, until I found this company. Other companies in Wilmington that I had spoken with, gave me a ridiculous offer and weren’t professional at all. I got a great offer, and the closing date I requested with this company.”
“Amazing experience! Thank you so much for everything!”
“Very professional and kept every promise! * Highly Recommended *”
“I was looking to sell my house in Carolina Beach, so I called numerous investment companies that ” Buy Houses” and then I was referred to Patrick. He beat everybody’s offer! Without even knowing what the other ones tried to give me for my house. Needless to say, I give my highest recommendation to this company. They are very fair and honest, also a pleasure to work with.”
“Selling your house is so easy and incredibly fast with this company. I can’t stress enough that you should use them to buy your house, they paid me a very fair cash price for my house with a fast closing. I wanted to sell without the hassle of a realtor and the house needed some updating, so I called and the rest is history! Thanks”
“Thank you so much!! I live in Charlotte and had a rental property in Kure Beach, the tenant trashed my house and owed $6,000 in rent! If you want to sell your house for any reason, and I mean any… you are at the right place. Jerry walked me through every step of the way as he was buying my house, and did everything exactly as I wanted. I was given a very reasonable and fair offer, and I didn’t pay any fees or commissions. We closed in two weeks, and I had a check in my hand. Thanks for all your help!!!”
“I realize how easy it is to be skeptical of a “we buy houses” company, especially when they guarantee a “fair” price. Because I sure was at first, my neighborhood in Charlotte is very popular and I thought my best bet was listing with an agent. It turns out that I made more money selling to this company, than what three agents told me I could get out of the house! I met with Jerry and he assured me of a seamless transaction. I really owe you guys an apology, because you’re amazing and this is actually real! You exceeded my expectations, and I’m so grateful. Thank You!”
“I’m really impressed with your team, and how easy you made it to sell my house”
“The best house buying service in Jacksonville, I give them my highest recommendation.”
“Thanks for everything!”
“Without a doubt, this is the best way to sell your house in Wilmington!!! If you’re skeptical.. don’t be, give them a call and you will see what I mean. They really will buy your house for a fair cash price, and make it easy.”
“I would have never thought selling my house could be this easy, until I found this company. Other companies in Wilmington that I had spoken with, gave me a ridiculous offer and weren’t professional at all. I got a great offer, and the closing date I requested with this company.”
“Amazing experience! Thank you so much for everything!”
“Very professional and kept every promise! * Highly Recommended *”
“I was looking to sell my house in Carolina Beach, so I called numerous investment companies that ” Buy Houses” and then I was referred to Patrick. He beat everybody’s offer! Without even knowing what the other ones tried to give me for my house. Needless to say, I give my highest recommendation to this company. They are very fair and honest, also a pleasure to work with.”
“Selling your house is so easy and incredibly fast with this company. I can’t stress enough that you should use them to buy your house, they paid me a very fair cash price for my house with a fast closing. I wanted to sell without the hassle of a realtor and the house needed some updating, so I called and the rest is history! Thanks”
“Thank you so much!! I live in Charlotte and had a rental property in Kure Beach, the tenant trashed my house and owed $6,000 in rent! If you want to sell your house for any reason, and I mean any… you are at the right place. Jerry walked me through every step of the way as he was buying my house, and did everything exactly as I wanted. I was given a very reasonable and fair offer, and I didn’t pay any fees or commissions. We closed in two weeks, and I had a check in my hand. Thanks for all your help!!!”
“I realize how easy it is to be skeptical of a “we buy houses” company, especially when they guarantee a “fair” price. Because I sure was at first, my neighborhood in Charlotte is very popular and I thought my best bet was listing with an agent. It turns out that I made more money selling to this company, than what three agents told me I could get out of the house! I met with Jerry and he assured me of a seamless transaction. I really owe you guys an apology, because you’re amazing and this is actually real! You exceeded my expectations, and I’m so grateful. Thank You!”