Tag Archives: Housing

How is the Coronavirus Affecting Real Estate

With more Americans out of work and worried about the security of their jobs in addition to their health, home buyer interest has fallen sharply, according to 90% of Realtors® surveyed in the National Association of Realtors® Flash Survey: Economic Pulse.

About 6,000 real estate professionals participated in the survey, which was conducted from April 5 to April 6. Roughly 45% of respondents said buyer interest had plunged by more than half. Just 2% said they had seen an increase in eager buyers.

Source: This Is How the Coronavirus Crisis Is Ravaging the U.S. Housing Market | realtor.com®