Thoughts on RE market during COVID-19

[Rehaan Khan]

Where is the Real Estate market headed from here, will the prices go up, down or remain the same. Thoughts?

[Juan Pardo]

Originally posted by @Andrew Bissada:

I am wondering the same! Was originally thinking prices would drop because of the covid recession, but that has definitely not been the case where I live (Austin). I wonder what is expected for this winter?

 The reactions of the real estate market are always, by its own nature, slower than the reaction of the stock market, a delayed reaction to events depending mainly on unemployment, bankruptcies etc. So it can take maybe 9-12 months to have an accurate idea about how COVID impacts real estate prices.