Updated: 2 days ago
Schools have shut down in many areas, businesses have closed their doors, and some states are banning gatherings of more than 10 people for the next 8 weeks. At least. So what's this going to do to the housing market? Honestly, no one really knows. Some are saying this could be a great time to make a move, while others are warning to sit tight and ride this thing out for a while. Will the coronavirus impact the housing market like the crash of 2008? Time will tell.
This NYTIMES article has some interesting points. Check it out https://www.nytimes.com/2020/03/13/business/buying-a-home-coronavirus.html
In the meantime, let's hope Walmart, Target, Sams, Costco, and every other store stock up on toilet paper. Buying and/or selling a home really falls low on the priority list when there's a shortage of toilet paper. Amiright?!?!
Stay healthy everybody!