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Housing market adapting to COVID-19

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DENVER, Iowa (KWWL) - The COVID-19 pandemic is a health and economic crisis, and it begins to impact the housing market.

Realtors throughout the nation are disbanding open houses all together or moving to the virtual route. The Over-Arching theme for property buyers at this time is every client is in a different situation.

The Rick Bauer team at Re/Max Home Group say they've been busy despite the pandemic.

"The market is actually very busy, and we actually have some success stories selling in hours," Team Lead Rick Bauer said.

Bauer says despite Self-Isolation open houses are still happening.

"If we're going to show a property, we are going to call the seller and have the lights on. Also, have the door open so we don't have to touch the door knobs," Bauer said.

Re/Max Home Group says there's an overall shortage in house inventory in the Cedar Valley. Realtor, Bobby Kastli, amid the coronavirus conducts more open houses through social media.

"We are mainly doing virtual open houses, meetings are all virtual, as far as showings, we are still showing property," Kastli said.

All clients looking at houses are also required to social distance, limiting only so many at a time.

"We're keeping a six-feet distance, sanitizing and really taking all necessary precautions the CDC recommended," Kastli said.

The Iowa Housing Association website says overall Iowa's First Congressional District is a sellers market right now with the fewest number of homes currently available on the market.

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Vinny Lowerre

Producer & Multimedia Journalist

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