Lewisburg, W.Va. (WVVA) - West Virginia has generated a lot of publicity for taking effective measures to curb the spread of COVID-19. The state is coming in first in key metrics that show COVID-19 has not taken much of a hold on our population. Those low numbers may be translating to dollars in the real estate market.
While most of life has slowed during the Coronavirus pandemic, the essential business of real estate is seeing a boost in our area, fueled by out-of-state buyers. Jill Allman is a realtor at Greenbrier Real Estate Service located in Lewisburg. The company sells real estate throughout Greenbrier Valley. "We’re getting lots of phone calls from folks out of town and other areas," said Allman. "For example, like New York, Pennsylvania, D.C.-area, New Jersey." Allman said buyers are asking for acreage, privacy and beautiful farmland.
Due to Governor Jim Justice's request that out-of-state visitors quarantine for 14-days, Allman says buyers are purchasing homes without ever stepping foot inside of the home. Instead of typical in-person home tours, Facetime calls and other virtual methods are being used to show buyers homes. Allman said virtual home tours are something she has done before, but it has happened more in the last three months than she can ever remember.
For homeowners living in this area Allman said the increase in demand could translate to an increase in property values. "I think it does keep the property value up," said Allman.