Updated over 5 years ago on .
Corona and single family home market
I'm usually more of an optimist but hear me out,
Unemployment will continue to sky rocket in the near future
People who were fired will get nervous and want to avoid any future depreciation in home values since right now values are still historically high. They will try and sell.
No new buyers will be able to physically view the house and will also not want to move during this uncertain time.
Supply increases, demand decreases, defaults without foreclosures (not allowed for now but will be soon enough) will create a new real estate panic
Government will require banks to loosen the grips that were put in place after the last crash..... New real estate crash?