**Update: As of Thursday, May 7th, 2020 real estate is back to work with new safety restrictions** Since the governor extended the stay at home order, it will be a while before we get back to functioning normally. If you were planning to buy or sell soon, you are probably curious about how the Coronavirus pandemic has affected real estate. THE PROCESS Real estate agents are not allowed to travel for work and can only work remotely. Buyers looking at homes is considered non-essential travel. This means no meeting clients in person and no looking at houses. The good news is that inspectors, lenders, and title companies are still functioning normally, aside from modifications for proper social distancing. Transactions in process had minimal interruptions as long as buyers were still working. Layoffs have caused some problems though.
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Lisa VanderLooGreat info on everything real estate. Categories
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November 2023
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