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Learning from past pandemics: Will COVID-19 derail the housing market?

A look at past pandemics and economic shocks provides hope for recovery. Like most of the news surrounding the COVID-19 global pandemic, reports about the U.S. housing market have been discouraging. Year-over-year listings of homes for sale have plummeted – in the worst-hit markets like New York City, listings are down 80% compared to April 2019.

Read the full HW article here.

John A. Rodriguez is a Senior Mortgage and Home Loan Specialist with iFinance Mortgage Inc. His passion is educating families and individuals to better understand the home loan process, to secure the best financing available, and then to protect their mortgage. Contact John today at jrod@ifminc.com or 949-456-7056! LinkedIn: http://ow.ly/fttL50xQAUi

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