A look at the Real-estate Market

If you’re in the market to purchase a house, sell, or refinance your home, then you’ll want to pay attention to this report.

Gives us some tips on buying or selling your house during the executive order to stay home.

David paciello is the owner of one reality.

He says his business is still going strong, but the real-estate market will likely take a dip before rebounding.

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None sot: david paciello, owner one reality we expect the market to pick up because that supply and demand hasn't changed.

Our banking industry is strong.

Our housing industry has been strong up to this point.

Paciello doesn't expect any long term problems, and for those interested in purchasing a home, this is a good time to take advantage of the low interest rates.

Sot: tom neumann, president first source federal credit union the best thing that we're recommending is do a pre- approval.

Get pre-approved for that mortgage, and then you can take as much time as you need to be able to work through the process, because the process may take significantly longer.

Sot: kirk tupaj if you're looking to sell your home, consider these tips to make the sale go a little smoother.

Sot: tess johnson, hunt real estate salesperson declutter.

Packing.

Getting things organized.

Depersonalizing with family and friend photos, and paint.

Hunt real estate salesperson tess johnson is delaying listing some of her client's properties.

The idea is to keep the house from listing too long on the market.

Sot: kirk tupaj and for those looking to purchase a home, real estate agents recommend this advice.

Sot: ann rushlo, executive officer mohawk valley association of realtors be patient.

You know with the executive order, we don't have realtors letting people letting people into houses right now, so you know it's not to say that the real estate market is at a standstill, but in some ways it really is because we can't have our agents out letting people into houses.

But there are virtual tours taking place on the internet, and buyers are making purchases sight unseen.

Appraisers are able to get in to determine a house's worth, but inspectors will have to wait for the executive order to be lifted before determining any potential problems. final walk-throughs are now being done by live streaming video.

In utica, i'm kirk tupaj reporting for newschannel 2.> gas prices are dropping.

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