Months of stay-at-home orders, growing numbers of infections and deaths, working remotely while the kids are attending school in the next room, stop-and-start business closures, and no end in sight to the COVID-19 pandemichave all had an unexpected impact on Miami-Dade’s real estate market. It’s just not what you probably think it is.
COVID-19 has turned out to ...
Continue Reading →Posted by:
Sam Khater, Freddie Mac’s chief economist, said a late summer slowdown in the economic recovery was to thank ...
Continue Reading →Posted by:
In Manhattan, the drops were stunning. July contracts for co-ops priced between $4 million and $5 million were down 94 percent from the same month last year. No contracts were signed for condos above $20 million. Across all price brackets, condo and co-op contracts were down 56 percent.
But in Brooklyn — where New Yorkers often migrate to in search of bigger homes and more open space — the numbers surged: 178 new condo contracts in July, up from 147 last ...
Continue Reading →
Can I sell my house during the COVID-19 pandemic?
Yes, you can still sell a home during the coronavirus pandemic, particularly now that states are beginning to reopen.
Is it safe to sell your home during such an outbreak?
There are several precautions your real estate agent can take to safely show your home to interested buyers. Masks on, shoes off, and hand ...
Continue Reading →