As we continue to navigate the world during a pandemic, I wanted to share some of the effects we’ve seen from a real estate perspective. Here’s what you need to know.

Over the last few weeks, I’ve been hearing a lot of questions, but one has stood out to me the most: “How has the market been affected by the coronavirus pandemic?” I took a look at the numbers before the outbreak was declared and after. We had about 260 deals fall out of escrow before the pandemic, but that number shot up by 150% after the emergency was declared. Price reductions were up significantly as well. To learn more about how the coronavirus has continued to impact our market, and what you can expect in the future, watch this short video.