The Economic Impact of Coronavirus on the Real Estate Market

 

Actively considering buying or selling a home?!

We at Terra Firma Global Partners see this Coronavirus situation as a bump in the road, not the collapse of the economy as we know it.  Yes, the stock market is down significantly and that causes concern for many Americans however the fundamentals in housing market remain as strong as they were two weeks ago or two months ago.  The link to the video below compares what is happening today to the 9-11 tragedy, not the 2008 financial meltdown and I think it is worth sharing.

I will continue to be available to chat about your specific situation and answer any questions you may have. As I have said repeatedly this week, in two weeks we will understand the gravity of things much better… I have no crystal ball.