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Housing Market Gains Momentum as Summer Approaches
The market outlook remains positive going into the summer despite the coronavirus. According to realtor.com ®’s latest Weekly Housing Recovery Index , which hit 92 points for the week ending June 20, we are just 8 points short of the pre-COVID baseline.

One of the biggest improvements this week? Days on market—homes are currently selling three days faster over last week, on average. And three more markets crossed the recovery benchmark this week—Miami, Philadelphia, Rochester, N.Y., and Jacksonville, Fla.—totaling in 10 markets that are above the January baseline.

What are Experts Saying About the Rest of 2020?
One of the biggest questions on everyone’s minds these days is:  What’s going to happen to the housing market in the second half of the year? Based on recent data on the economy, unemployment, real estate, and more, many economists are revising their forecasts for the remainder of 2020 – and the outlook is extremely encouraging. Here’s a look at what some experts have to say about key areas that will power the industry and the economy forward this year.

Scripts to Handle the Question: What Work Should I Do to the Home Before Selling?
Agents often lose listings when going through the pre-listing tour with a seller. Even if the seller has asked for feedback and recommendations, they can become either overwhelmed or offended when the agent tells them the truth.
At your future listing appointments, be very careful with what you say as you tour the property with the homeowner. Be complimentary in a sincere way, noting the improvements that you know they are proud of, and complimenting them when appropriate.

Connect With GMAR's Social Media & Stay In The Loop
In addition to special emails, our weekly Thursday eNewsletter, the GMAR will be utilizing its social media pages to keep members informed and up-to-date during the rapidly evolving COVID-19 situation.

Please connect with us through the links to our social platforms below.


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