CORONAVIRUS & THE MARKET - May 12, 2020
Showing activity dropped 60% after the governor enacted stay-at-home orders in March. Inventory in the mid-market (4—600k) price points dropped off and contracts paused even as rates were at their lowest. Two months and one flat curve later, it does appear that we’re flowing again. Showings are almost back up to normal volume and every day more listings are hitting the searches. We are moving forward with new listings now - we’re ready if you’re ready!
