U.S. Housing Markets at Highest Risk Post-Coronavirus
As a real estate investor and investing educator, I’ve spent a lot of hours thinking about how the COVID-19 pandemic is affecting real estate investors.
We’ve been telling our audience for the last month to expect a short-term dip in home prices around the country, as buyers pull back more sharply than sellers. That tilts the balance of supply and demand to create a buyer’s market. And early data reveal exactly that: Redfin shows median asking prices already down $21,000.