CLINTON, NJ -- HomeGrown Host Stephanie Willougby checked in with Simone Healey, Broker Associate at Vikki Healey Properties, about conducting sales during the pandemic and the current state of the real estate market in New Jersey. Healey had previously appeared on our series HomeGrown: Clinton, which aired last fall.
“We’ve adapted our business really very well,” said Healey. “Our ability to function never really stopped.” During the pandemic, the agents at Vikki Healey have still been selling homes, although the pace has slowed. Healey assured us that for people who want to buy or sell and think they can’t right now, it is absolutely possible to do so and to do so safely.
For Vikki Healey Properties, the technology they already were using prior to the March lockdown made moving forward possible. “We did have all this technology at our fingertips that really allows us to do most of what we do with no contact at all, completely remotely,” Healey said. For example, all listings now include an online, interactive floor plan that allows viewers to see each room in detail.
Currently, the real estate market in New Jersey has low inventory with strong demand and historically low interest rates, so the homes that have come on the market have sold pretty quickly. A larger trend in the face of the pandemic is that people will be moving from higher density living to lower density areas, for example from Manhattan to the suburbs, and Healey expects that trend to continue for the foreseeable future.
For new homebuyers, the market presents some good opportunities. To borrow money, almost for free, over a long period is a great investment, Healey said, and advised buyers to not think about the real estate market in the short term. “It’s a good long term investment and an investment in your life, not just financial,” Healey said.
To see the properties offered for sale by Vikki Healey Properties at their Hunterdon/Somerset office, visit them online at www.vikkihealeyproperties.com.