Predictions for Charlotte Area amidst CoronaVirus/Recession signs

[Geetha R.]

Hi Everyone,
Stock market has crashed, there are mounting global economic worries, we are at the edge of moving into a recession. Companies are tightening their belts. I know the impact firsthand, I work for a financial services company, they have been laying off employees and the hiring has been frozen. 

Currently real estate does not seem to be impacted negatively in Charlotte area, it looks like the other way around. It is difficult to get good deals, there is a lot of competition. What are your thoughts for the near future, and in a few years? 
(i.e, If more employers start to lay off employees, will it cause them to miss their mortgage payments? I read conflicting analysis..)