The State of the Market Amid the Pandemic

Many of our clients have lately been asking us the same question: “How has COVID-19 affected the real estate market?”

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When the lockdown was first put in place, everyone paused their real estate plans—this is a new situation for all of us. However, people realized they still needed to buy and sell homes, and since real estate was deemed an essential service, we agents were able to get back out there, albeit with a few changes to our process. The market did slow down for a moment, but we have noticed that it’s begun to pick up the pace again; I expect a very solid spring and summer season for real estate. To learn more about how the market has been impacted by the coronavirus, watch this short video above.