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Bryan K.
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COVID Housing Market Correction?

Bryan K.
Posted May 13 2020, 03:15

Seeking local real estate professionals' expertise - have you seen any meaningful price corrections in your markets? I have casually browsed a few and lo and behold housing prices have remained largely stable. I can understand the rationale for certain markets ie LA, NY, Seattle, etc. However, Vegas properties staying stable? That's baffling as layoffs/unemployment came hard and fast. Surely defaults must have risen. Disclosure the properties I have been viewing are >$400K and the price corrections could be concentrated in the low income housing segment. Thoughts and views?

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