Your First Quarter Real Estate Market Update

Although the pandemic has caused things to slow down in our real estate market, there are still plenty of properties being bought and sold. Here are the latest numbers.

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Today we have a real estate market report for the first quarter of 2020. Like you, our lives have been inundated by the unprecedented coronavirus pandemic and the resulting business and school closures, as well as the stay-at-home order. Our hearts go out to all who have been impacted and we pray that our leaders and families make it through this crisis with as little long-term stress as possible. Even though it’s a hazardous time out there, we’re taking every precaution to ensure our agents can continue to serve while remaining safe. They’re using gloves, masks, and antibacterial wipes at every turn.

Our agents are using gloves, masks, and antibacterial wipes at every turn.

Based on what I’m hearing from around the nation, our local market is doing surprisingly well. So far, we’ve closed 96 homes and have another 64 pending, for a total of 160 homes sold this year. In the broader local market, the supply has remained constant and demand has remained strong. How’s your market doing right now? It all depends on your price, location, and condition. To get a better idea, take a look one of the following reports, which has city-specific information about how each area of the market is doing. Copperas Cove Temple, Belton Harker Heights Killeen We’re going to continue to monitor all developments to ensure that we can help you with anything you need during this time. If you have any other questions or would like us to walk you through the data for your neck of the woods, don't hesitate to reach out via phone or email. We look forward to hearing from you.