How Coronavirus Will Affect Home Foreclosures, Best Home To Buy In The Neighborhood, NAR Chief Economist On Home Sales This Year

How Coronavirus Will Affect Home Foreclosures

Real Estate Tip:

Buy property that is consistent with other property in the neighborhood. It's smarter to buy the cheapest rather than the most expensive house in an acceptable neighborhood-this increases the odds that your property value will increase and often makes it easier for you to sell.

Real Estate Insight:

Lawrence Yun, The chief economist of the National Association of Realtors, said "home sales activity could be down 30% or even 40% in the next months.”

How Coronavirus Will Affect Rents?, Real Estate Adaptation, Tenant On-Time Rent Payments Unexpected Rise

How Coronavirus Will Affect Rents?

Real Estate Tip:

Adapt to the real estate market around you; don’t expect it to adapt to you.

Real Estate Insight:

More households paid their rent on in the first week of May than was expected (80.2% vs. 78% in the 1st week of April)

Is Now A Good Time To Buy A Home?, 2nd Real Estate Commandment, Retail Store Closures Amid Covid-19 Pandemic

Is Now A Good Time To Buy A Home?

Real Estate Tip:

Never fall in love with a property—2nd Real Estate Commandment: Thou Shalt Use Logic And Never Let Emotions Affect Real Estate Decisions

Real Estate Insight:

Retail store closures in the US are expected to explode because of the coronavirus