Posts from May 11th, 2020

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English
May
11

May 11th, 2020 by

 

Like all industries, the real estate world is in unchartered territory when it comes to navigating the COVID-19 pandemic. Flexibility and adaptation are key. As Idaho begins to reopen, what might we expect in the housing market?

Two significant indicators of real estate market activity – numbers of new listings and pending sales – show clear increases since May 1st, when "Idaho Rebounds" began.

According to data provided by the Intermountain MLS, 125 new listings were placed on the market on May 1st – the highest number in any one day since March 20th, before the "Stay in Place" order was issued in Idaho.  Additionally, the number of accepted sale contracts jumped to 79 on May 4th, which was the highest number of new pending sales since March 9th.

These trends cou...

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Categories: News
Tags: Boise, ID, Coldwell Banker Tomlinson, For sellers, For Buyers
Related Markets: Boise

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