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Corona Virus | My Valley Home Search: The Sharyn Younger Team Blog

Wednesday, March 11, 2020   /   by Sharyn Younger

EFFECT OF CORONA VIRUS ON PHOENIX REAL ESTATE

Unless you've been living under a rock, you have heard news of the spread of the Corona Virus. You've probably heard everything from "there should be no more to fear than there is of the flu - business as usual'" to "anyone with a cough or cold symptoms should quarantine themselves for 14 days". A lack of solid information, in combination with EVERYONE having an opinion, makes it hard to know how to react to a possible pandemic. 

Unfortunately, I can shed no more light on the subject than anyone's guess. But I CAN talk about the effects of COVID-19 on the Phoenix real estate market. The best way to describe the effect, is to think of it as a seesaw with a positive effect on one side, and a negative effect on the other.  And depending upon the trajectory of this thing, one side may be left hanging up in the air!

On a positive note, my phone has been ringing off the hook from buyers who had been kicking the tires on the idea of buying a home and are now wanting desperatel ...

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  real estate, corona virus, phoenix real estate

Copper Summit Real Estate | The Sharyn Younger Team
Sharyn Younger
480-589-2347
Waterstone Mortgage
Emilio Cosculluela
602-708-9322
Emilio.Cosculluela@WaterstoneMortgage.com

© 2020 Arizona Regional Multiple Listing Service, All rights reserved. The data relating to real estate for sale on this website comes in part from the Arizona Regional Multiple Listing Service. Real estate listings held by brokerage firms other than Sharyn Younger - Copper Summit Real Estate - The Sharyn Younger Team are marked with the Arizona Regional Multiple Listing Service logo and detailed information about them includes the name of the listing brokers. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Arizona Regional Multiple Listing Service shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. October 25, 2020
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