We are fortunate enough to always get insight from a very experienced Real Estate Broker, Jim Turano of Diverse Real Estate of Middle Village, NY 11379. Celebrating his 41st year in the Business. Author of just over 400 Real Estate Articles to date.
Re: Coronavirus and Residential Home Sales
We all know it is going to get worse before we can get a handle on this. But this is what I see happening in the very near future. Homeowner's becoming afraid of having Open Houses in very near future. And I wouldn't be surprised if an advisory is sent out by the Board of Realtors warning Realtors about having Open Houses. Therefore I see the Real Estate Market going sideways for months, and a slow down of the housing market.
A special thank you to Jim Turano for always being helpful and shedding light on the Real Estate Industry. A resident of Middle Village since 1965 and the owner of DIVERSE REAL ESTATE, at 73-12 Metropolitan Avenue, Middle Village, NY 11379.