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Due to the COVID-19 outbreak in the U.S, many buyers and sellers are concerned about the current state of the housing market this spring. However, many real estate markets remain in excellent standing this year. With many states now firmly enforcing varying degrees of quarantine, real estate agents are changing the way they interact with clients and market their listings. As a result of these changes, various types of virtual walkthroughs are viable alternatives at this time.

(The following information was recently gathered from MLS Snapshots around different parts of the country).

People are still listing their homes on the market. 

Alaska: 184 New Listings

Charlotte: 201 New Listings

Miami: 287 New Listings

Maryland/Virginia/Delaware 4189 New Listings

New Orleans: 133 New Listings

NW Arkansas 151 New Listings

Palm Beach: 282 New Listings

Because home interest rates are historically low, people are still buying homes during this time of social distancing. A major drop in demand to shift the positive outlook of the housing market as we progress into the heart of the buying season. 

Alaska: 140 Sold

Charlotte: 234 Sold

Miami: 270 Sold

Maryland/Virginia/Delaware: 5121 Sold

New Orleans: 113 Sold

NW Arkansas: 121 Sold

Palm Beach: 262 Sold

Although U.S homebuyers and sellers are rethinking their real estate plans due to COVID-19, there continues to be a strong demand for buying and selling homes.

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