If you followed my last article in the Washington Blade entitled “Home sales in the time of coronavirus” (April 10, 2020), you may have noticed I wouldn’t commit to a full scale panic due to the effects of coronavirus, and the resulting lockdown, on the housing market.
In fact, I mentioned a mixed bag of effects: showings were down almost 71% from last year, lending was a little tighter and open houses were made illegal, and yet, prices seemed to be holding steady.