The housing market is being affected by COVID-19. If you have tried to buy or sell a home during the pandemic, what has been your experience? What creative solutions have you seen to move real estate transactions forward?
With the current pandemic, the low inventory of homes for sale is being driven even lower by the seller’s apprehension to list and the buyer’s fear of in-person showings. In general, there have been enough buyers still looking for homes that prices have not declined. In fact, in many areas they have increased. However, given wider economic uncertainty and the fear of a deeper recession, it remains to be seen whether the housing market can remain resilient.
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