Dear Ford’s Colony neighbor,
I hope this letter finds you and your family safe and well. I have fielded many questions from my fellow Ford’s Colony residents regarding the effects of Covid-19 on our neighborhood’s real estate values. Let me share a few thoughts about that, in case you are wondering the same thing.
You might be surprised to learn that March actually was a record-setting month for Liz Moore and Associates – our 108 sales was a 60-percent increase from March 2019! At the onset of the pandemic, we were fortunate to pivot quickly and adapt safe practices so that almost all of our pending sales closed. April took an expected dip, but May rebounded well beyond our expectations – 95 sales overall, or 10 percent more than May 2019. June also is off to a great start.
That said, we have never seen the inventory of available homes in Ford’s Colony at such low levels. Sellers have been slow to put their homes on the market, but buyer demand remains very strong largely due to historically low interest rates. So if you are considering selling, NOW is the time to take action. Home values are rising in this hot market and show no sign of slowing.
If you are curious about your home’s current value, I can help.
I’d love to set aside 15 minutes to meet or talk with you to explore your specific situation, and to see whether taking advantage of this seller’s market makes sense for you at this time. There is no cost or obligation, of course.
Please call (757-503-1999) or email me (deelyn@lizmoore.com) if I can be of service in any way.
Thank you, and best regards!
Deelyn