Print this page

Estimated reading time: 0 minutes, 29 seconds

Will Coronavirus Harm or Help Homebuying? Look to Seattle

The coronavirus outbreak, which has led to multiple deaths in the Seattle area, has cast a “cloud of uncertainty” over the tech hub’s housing market right at the start of homebuying season. So reports Geekwire.

ore-->Redfin CEO Glenn Kelman wrote in a blog post that agents had experienced “a significant drop in demand” in recent days.

But Windermere Real Estate broker Jeff Reynolds, who focuses on condos, said that all-time low mortgage rates due to coronavirus concerns had sparked “a sense of urgency” for buyers to close deals fast.

Read the full article from Geekwire

Read 1432 times
Rate this item
(0 votes)