Mid-March there was a lot of uncertainty about how to engage with the market. We were given permission to finish the work we started, but to be cautious about taking on new business. Today we understand that we can find ways to get business done while also protecting everyone’s health.
We are taking new listings. We are helping buyers who want to buy. Buyer demand is actually quite strong. Many properties are selling quickly. Prices should remain flat for the next month. Prices will climb when we get to re-engage. Some are hoping that prices will drop but with all the protective measures implemented by government it’s unlikely that the market will be flooded with distressed sales.