June 16, 2020
Pennsylvania was one of only a few states in the country where real estate services were considered nonessential. Real estate businesses had to close their offices for the public. Some agents were able to work from home keeping in touch with home buyers and sellers.
The real estate industry has been slowed due to restrictions on businesses to combat the spread of the coronavirus.
On 19.06. Gov. Tom Wolf announced the new move to ease restrictions on real estate services allowing more home sales and other real estate transactions. This means in-person real estate transactions can resume, with some limits.
Beside exercising social distancing, all in-person activities should be arranged and limited to no more than the real estate agent and two people inside a property at any time.
Since then we have seen the real estate market hitting it off.
The Allegheny housing market is picking up where it left off before the pandemic, with being short on real estate offers, and this is great for home sellers because it can help to push prices up due to increased competition.
This looks like a great time to sell a house. Let’s keep an eye on that interesting real estate market.
One website described it as the ‘housing market roars back to life’. Read the full article here