Realtors and house-flippers are in a strange dilemma at present. The advent of Covid 19 has completely changed the property market across the globe. The declining economy is forcing the public to wonder if this is the right time to sell houses or not. Admittedly, bucketloads of theories and opinions have contributed to this unending confusion. However, after carefully scrutinizing the market tendencies and trajectory, it seems as if this is the best time to sell housing properties after all. It's a known fact that higher property rates mean good profits. But the property rates won't be the sole determining factor, especially during a global health crisis.

• Growing Demand: Much to the popular contrary, there is a considerable demand for houses and properties in the market. With more people losing jobs every day, a growing percentage of people have moved away from metro cities. This has resulted in a rising demand for houses in cheaper economic locations. Additionally, the "Work From Home" allowance from MNCs like Google and Amazon have guaranteed that people will continue to shift away from pricy capital cities for a change in their lifestyle.
• Low Mortgage Rates: Much like everything nowadays, mortgage schemes have also changed their approach in the wake of the pandemic. Mortgage interest rates are at an all-time low currently, meaning housing properties could cost a lot less than what they would have pre-covid.
• Lack In Number: A market survey says that there has been a significant lack of home inventories available in the market. With each passing week and month, the pandemic is intensifying this shortage. However, a statistical analysis claim that this shortage is not entirely due to the health crisis. As per NAR data, Americans are spending roughly thirteen years in one place before moving out. This is significantly high than the expected average.
• Surging Prices: Due to this lack of home inventories, housing property prices have skyrocketed, despite the economic depression and unemployment in the country. Unlike other industries, housing rates have not been influenced by the pandemic.

Do not be surprised if you come across adverts like "sell my house fast Orlando" in your neighborhood tomorrow. It is best recommended to hire a realtor agent to conduct any selling of housing properties. This industry professional involved will ease out the whole process.

While this article strictly discusses how this is the right time to sell your house, you need to avoid certain tropes as well.

1. Keep hold of your emotions while negotiating with your buyer.
2. Availing a realtor can be a smart choice because of their industry knowledge.
3. In case you are conducting the sale, then make sure you quote a reasonable amount.