COVID-19: Impact on Spring Home Buying

Published: March 26, 2020, 12:21 a.m.

The U.S. was expecting to have one of the best spring home-buying seasons in years, until we got hit with the Coronavirus daily news. Still some markets continue to boom, while others are on a time-out. 
 
In California, where there’s a statewide shelter-in-place order, the California Association of Realtors also advised against any open houses, home tours or face-to-face meetings with clients. (1) That scene is playing out in other markets as well, even as low interest rates dangle like a carrot in front of our noses.