I get this question all the time, but now more than ever. That being said, as it looks like we are getting closer to things opening up, we are getting a lot more calls for showings, listing presentations and realtors seeing if certain homes are still available.
As the world economy has basically been shut down for the past month and a half, much of the real estate market has been quiet. At the very beginning we saw people that were about to make a move, but had not yet, freeze. From many calls between myself and other realtors, most of those people are still out there and looking to do something when they can get back to town. Every deal that I had under contract when we began quarantining has either closed or is on track to close. I actually put two deals under contract after this COVID-19 pandemic began here in South Florida. To be honest, that feels great, but the reality is that this is usually our busiest time of year and when we line up most of our deals to close in the Spring and Summer, so at this point our numbers are way off. Interest rates are still low and banks are still lending, however, with some different requirements especially for jumbo loans.