With more and more COVID-19 vaccinations being administered on a daily basis, Zillow® decided to run a survey to gauge the general public’s willingness to list their homes both now and after widespread distribution of the vaccines is complete.
According to the survey, about 52% of respondents feel comfortable selling their houses right now, while the large majority at 70% said they would be more comfortable selling their homes after the vaccines have been widely distributed. Zillow noted that this equates to more than 14 million homeowners that could join the market after widespread vaccination, which would provide a significant boost to the housing market’s low inventory.
Last fall, another Zillow report found that financial anxiety and the ongoing uncertainty of the virus were keeping many potential sellers out of the market. This most recent survey shows that both these concerns have begun to diminish among would-be sellers – dropping 4% in January from this past November.
For more information, check out Zillow’s press release.
EVO’s Digital Appraisal Forms Streamline Order Management
Tired of using offline spreadsheets and Word docs for managing your real estate appraisal forms? This often confusing process is not only impossible to track, it also requires duplicate data entry – leading to even more risk and longer turn-times. Global DMS’ EVO™ appraisal management software resolves these pain-points by providing digital order and review forms that are 100% configurable, can be automatically selected and pre-populated via intelligent merge fields, and provide complete trackability – ensuring your staff and vendors always have the most up-to-date version of the form as it moves through your unique valuation process.